Barnes & Noble Abandons Plan to Spin Off Nook Media

Associated Press: Barnes & Noble is keeping its Nook Media digital business after all. The bookseller had planned to combine Nook and its college bookstores into a single company separate from its retail operations. But the biggest U.S. brick-and-mortar bookseller said that keeping Nook and the retail operations together would better serve digital customers. Nook will remain a subsidiary of the company.