Best Buy (BBY) and The Carphone Warehouse To Form New Company.
More News related to BBY
- Disturbed's Upcoming Album "Indestructible" Now Available for Pre-Order at BestBuy.Com
- S&P Equity Research Reiterates 'Strong Buy' Best Buy (BBY)
- Notable Mergers and Acquisitions of the Day 5/8 (BBY, ITW, CVP)
- Best Buy (BBY) and The Carphone Warehouse To Form New Company.
- Best Buy, a World-Leading Consumer Electronics Retailer, and The Carphone Warehouse, a World-Leading Independent Mobile Phone Retailer, to Create a New Company
More News related to Mergers and Acquisitions
- DA Davidson Downgrades Preferred Bank (PFBC) to Neutral; $10 PT
- CL King Downgrades Audiovox (VOXX) to Accumulate
- FTN Midwest Downgrades Savings & Loans
- Matrix USA Rating Changes 5/16
- Caris & Co Downgrades Response Genetics (RGDX) to Above Average
This morning, Best Buy Co. (NYSE: BBY) and The Carphone Warehouse announced plans to create a new company to accelerate the development of The Carphone Warehouse's retail proposition and to introduce Best Buy Stores across Europe.
Besy Buy will acquire 50% of The Carphone Warehouse Group PLC European and US Retail Interests for a cash consideration of GBP 1.1 Billion or $2.1 billion.
Related Categories
Mergers and AcquisitionsStocks Mentioned
-0.24Sign up for StreetInsider Free!
Recieve full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
