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Best Buy: No Plans To Acquire Jiangsu Five Star

Aggregated Source: ChinaRetailNews.com
June 25, 2007|

Local media reports are speculating that Best Buy might swallow all of Jiangsu Five Star, after Best Buy agreed in May 2006 to acquire a majority interest in the fourth-largest appliance and consumer electronics retailer China. However, Robert Willett, CEO of Best Buy, said at the one year Anniversary of Best Buy's cooperation with Five Star [...]

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