With the Nook e-reader turning into little more than a "niche" market for Barnes & Noble, the Chairman, Leonard Riggio wants to buy out the physical stores and spin off their e-reader business as a separate company. With disappointing sales of the nook reader and their e-book business also down this past Christmas season, one has to wonder if perhaps Mr. Riggio is trying to save a sinking ship by tossing a heavy anchor overboard?!
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