Best Buy Pays $2.1 Billion for 50% Stake in Carphone WarehouseAuthored by Mark Hefflinger on May 8, 2008 - 9:26am.
London - U.S. consumer
electronics and media retail chain Best Buy (NYSE: BBY) announced on Thursday that it paid
$2.1 billion to acquire 50% of the Carphone Warehouse, a mobile phone retailer
that counts over 2,400 stores in nine European countries.
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