Engadget post time: April 30, 2013 at 10:28AM
As Best Buy attempts a return to financial well-being, it’s decided to sell the 50 percent share it (still?) owns in Best Buy Europe to fellow joint venture partner Carphone Warehouse. The price is set at about 500 million GBP ($775 million) and is expected to close by June.
Source: Best Buy
Reference source: Engadget