[Follow-Up] Both Samsung & Best Buy Deny Claims of an Investment/Merger

This is a discussion on [Follow-Up] Both Samsung & Best Buy Deny Claims of an Investment/Merger within the Android News forums, part of the Android.net category; Just last week we reported rumors that Samsung was considering investing in Best Buy to help the floundering retailer. Both companies came forward recently to ...

Results 1 to 2 of 2
Like Tree1Likes
  • 1 Post By dgstorm

Thread: [Follow-Up] Both Samsung & Best Buy Deny Claims of an Investment/Merger

  1. #1
    Editor in Chief dgstorm's Avatar
    Join Date
    Dec 2010
    Posts
    4,720
    Thanked
    711 times

    [Follow-Up] Both Samsung & Best Buy Deny Claims of an Investment/Merger


    Just last week we reported rumors that Samsung was considering investing in Best Buy to help the floundering retailer. Both companies came forward recently to refute this. According to an emailed statement, they have not been negotiating for any kind of merger or investment agreement. Here's a quote with the details,

    UPDATE: Representatives from Samsung and Best Buy got in touch with BGR via email to offer the following statement:

    “In the past few days, there have been reports that ‘Samsung is considering to acquire stakes in Best Buy’. Please take note that these rumors are not true. There have been no talks whatsoever regarding stock acquisition of either company.”
    While a firm denial sometimes can actually mean the opposite, in this instance, it seems likely to be true. Of course, we will continue to monitor this and let you guys know if anything changes.

    Source: BGR
    CR6 likes this.

  2. Android.net is the premier Android Forum. Registered users do not see these ads. .

  3. #2
    Super Moderator CR6's Avatar
    Join Date
    Jan 2011
    Location
    Idaho
    Posts
    1,589
    Thanked
    223 times
    Wow! If anyone were to purchase Best Buy, I'd really like it to be Samsung! Always been a fan of both companies, so I'm interested to see how this one turns out. :thumbup:

    tap'n

Remove Ads

http://www.scramblerducati.org/

Sponsored Links

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Similar Threads

  1. Replies: 0
    Last Post: 01-16-2013, 05:26 PM
  2. Replies: 0
    Last Post: 07-16-2012, 04:56 PM
  3. Replies: 0
    Last Post: 07-03-2012, 11:56 AM
  4. Replies: 0
    Last Post: 06-13-2012, 03:55 PM
  5. Replies: 0
    Last Post: 03-23-2012, 11:45 AM
Android Forum