Should and could Microsoft buy Nook Media for $1 billion?
TechCrunch is reporting that Microsoft is mulling the idea of buying out the Nook Media venture in which Microsoft invested $300 million last year. TechCrunch claims it has obtained "internal documents" which indicate Microsoft may pay $1 billion for the assets of Nook Media.
Does this make any sense? Given I thought rumors of Microsoft buying Skype and Yammer (both of which Redmond ended up purchasing) were pretty ludicrous, I'd say I'm probably not the best one to judge.
Microsoft officials, as one might expect, are saying they have no comment on rumors or speculation involving Microsoft's reported interest in Nook Media. I can contribute the little I do know about what I've seen/heard about Microsoft and Nook Media.
