Barnes & noble education announces milestone transactions to significantly strengthen balance sheet and advance industry leading services for institutions and students

Basking ridge, n.j.--(business wire)--barnes & noble education, inc. (nyse: bned) (“bned” or the “company”), a leading solutions provider for the education industry, today announced that it has entered into a definitive agreement with immersion corporation (nasdaq: immr) (“immersion”), and certain of the company's existing shareholders and strategic partners, on the terms of new equity and refinancing transactions that will significantly strengthen bned's long-term financial position. the p.
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