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Best Buy purchases Napster for $121m and joins online music arena

Best Buy purchases Napster for $121m and joins online music arena

By: Daniel Chubb | Posted: September 15, 2008
Filed under: Alternative News

Best Buys have joined the online music arena, purchasing the online music service Napster for $121m (£67.5m) in cash and investments. The acquisition share values more than doubled its market share on Friday, reaching $2.65 a share. Best Buys want…