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B&N isn’t taking the Amazon Kindle Fire sitting down. Not only are they announcing a new Nook Tablet, but they are cutting the price on both the Nook Color and the Touch. They are also adding significant content (Hulu plus, pandora, other music streaming) to the Color. Gonna be an interesting holiday season for these things.

B&N launching Nook Tablet for $249 on November 16th

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