G Asset Management, LLC ("GAM"), a private investment management firm, has made a proposal to acquire 51% of Barnes & Noble Inc., valuing the company at $22 per share, or about $1.3 billion.
Barnes & Noble is offering free shipping on any Nook e-reader device purchased online by 11 a.m. ET on Dec.23, with delivery guaranteed by Dec. 24.
Nook Media LLC, a subsidiary of Barnes & Noble, Inc., is releasing the new Nook GlowLight e-reader.
Barnes & Noble announced that it would give away a free Nook Simple Touch e-reader, which retails for $79, to any customer who buys its high-definition Nook HD+ tablet between March 24 and March 31.
Barnes & Noble reported a loss in the fiscal third quarter, hurt by a 26% decline in revenue for its Nook e-book readers.