The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Monday:** Top U.S. electronics chain Best Buy Co is buying its British partner out of a fast-growing U.S. mobile phone joint venture for $1.3 billion and scrapping plans for a chain of European megastores.
Best Buy Co., Inc. is a multinational retailer of consumer electronics, home office products, entertainment products, appliances and related services. Shares of BBY fell by 3.08% or $-0.84/share to $26.47. In the past year, the shares have traded as low as $22.10 and as high as $45.63. On average, 7525210 shares of BBY exchange hands on a given day and today's volume is recorded at 5839149.
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