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INICIO/ NOTICIAS TECNOLÓGICASsBest Buy gets antitrust approval to buy Napster Fecha de publicación: 10/1/2008 Best Buy offered $2.65 per Napster share, valuing the deal at $121 million. Napster and Best Buy, a leading CD seller with a small digital presence, are betting that the deal will give them a better chance against Apple's dominant iTunes, which has more than 70 percent of the market. The FTC announced the deal's approval in a listing that the agency puts out several times a week. Best Buy offered $2.65 per Napster share, valuing the deal at $121 million when it was announced in mid-September. The original Napster helped set the digital music market in motion in the late 1990s with a free music sharing service, which was shut down following a lawsuit filed by the music industry. The brand name was bought and resurrected as a legal digital subscription service. Fuente: Yahoo.com/News |
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