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Barnes & Noble surged

Barnes & Noble (BKS) surged 24.3% to 22.08 on reports Microsoft (MSFT) could buy the 87% of the Nook e-reader business that it doesn't already own for $1 bil. TechCrunch 1st reported the possibility, but other reports said documents cited by the tech website were dated and that no deal was imminent. Microsoft shares fell 1% to 32.66.