Best Buy paid their partner,Carphone Warehouse Group, for full ownership of their "Best Buy Mobile" Stores. Best Buy bought their stake for $1.3 Billion. Best Buy is also planning to stop expanding and Europe and actually shut down all 11 big box stores that are open now. Best Buy is planning on expanding their mobile phone stores in emerging markets in China and Mexico.
http://dealbook.nytimes.com/2011/11/07/best-buys-pays-1-3-billion-for-cellphone-business/
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