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CompUSA to shut down stores
December 10, 2007 - 07:33 PST
CompUSA has been sold to Boston-based Gordon Brothers Group, a restructuring and investment firm that will close stores and sell some company assets, reports Reuters. The new owner is Boston-based Gordon Brothers Group, which recently helped CompUSA sell under-performing stores. “The terms of the deal were not not disclosed. Dallas-based CompUSA said on Friday that active discussions are underway to sell its technical services business, CompUSA TechPro, its online sales operation, CompUSA.com, and select stores in key markets. The chain’s 103 retail stores will remain open and staffed during the holiday season, offering discounts on computer and electronics ahead of the planned store closures,” notes the report.
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