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Best Buy To Snag Napster

Written on
September 15th 2008
Author
Kathleen

ADOTAS – Best Buy plans to snap up Napster for $121 million in cash, or $2.65 a share (double its $1.36 closing price on Friday; a year ago, it was trading at more than $3 a share). The deal includes $67 million in Napster’s cash and short term investments, making the [...] more...



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