FTC Clears Barnes&Noble.com Acquisition of Fatbrain.com - TheStreet

Barnes&Noble.com

(BNBN)

received antitrust clearance from the

Federal Trade Commission

for its planned acquisition of online technical and professional book retailer

Fatbrain.com

(FATB)

.

Barnes&Noble.com is planning to acquire Fatbrain for $4.25 a share. Shareholders will get 25% of that amount in cash and 75% in Barnes & Noble.com stock.

Shares of Barnes&Noble.com were recently up 4.1%, or 16 cents, to $3.94, while Fatbrain shares were up 2.4%, or 9 cents, to $4 in

Nasdaq

trading.

In addition to the approval of both companies' shareholders, the deal is still subject to antitrust review for Barnes & Noble.com's stake in

MightyWords

, which it will acquire through its purchase of Fatbrain.