Best Buy will sell its half of Best Buy Europe to Carphone Warehouse for $775 million

http://www.blogcdn.com/www.engadget.com/media/2010/04/bestbuyukhed04302010-1272643635.jpg As Best Buy attempts a return to financial well-being, it’s decided to sell the 50 percent share it (still?) owns in Best Buy Europe to fellow joint venture partner Carphone Warehouse. The price is set at about 500 million GBP ($775 million) and is expected to close by June.
Developing…
Filed under: Cellphones, Household, Mobile
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Source: Best Buy