Creating what could be a potent competitor to Apple's iTunes, Best Buy agreed to buy Napster for $121 million. The deal values Los Angeles-based Napster at $2.65 a share, almost twice its Friday closing price of $1.36.
Read the complete story here.
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Best Buy to buy Napster for $121 million
Monday, 15 September 2008 04:21
Creating what could be a potent competitor to Apple's iTunes, Best Buy agreed to buy Napster for $121 million. The deal values Los Angeles-based Napster at $2.65 a share, almost twice its Friday closing price of $1.36.
Read the complete story here.
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