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Best Buy Invests in Carphone Warehouse
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The two companies struck an agreement to form a new retail joint venture in Europe. Best Buy will invest $2.1 billion in the joint venture, which will attempt to grow both firms' presence in the European retail markets. Best Buy will, however, study The Carphone Warehouse's business practices and try to adopt them at its own mobile phone retail centers in the U.S.
more info at Mobile Tech News »
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