Best Buy to Acquire Carphone Warehouse U.S. Mobile StakeChris Burritt and Peter Woodifield
Best Buy Co., the world’s largest consumer-electronics retailer, agreed to buy Carphone Warehouse Group Plc’s stake in their U.S. mobile-phone joint venture for 838 million pounds ($1.34 billion) and close the U.K. stores it opened less than two years ago.
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