Capital One (COF) to Sell $7B Best Buy (BBY) Card Portfolio to Citi (C)

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Citigroup (C) Enters Deal with Best Buy (BBY) for Branded Cards

February 19, 2013 9:06 AM EST

Citigroup (NYSE: C) announced that it will enter into a strategic agreement with Best Buy (NYSE: BBY) to issue and manage Best Buy-branded cards in the United States.

In addition, Citi also reached an agreement with Capital One... More