Best Buy Company, Inc. Mergers and Acquisitions


Best Buy Company, Inc.

7601 Penn Avenue South
Richfield, Minnesota 55423
United States
Tel:1/612 291-1000
URL: http://www.bestbuy.com
Primary Symbol & Exchange:
BBY - Common Stock - New York Stock Exchange
Industry:
Retailing Non-Food
Best Buy Company, Inc. Company Snapshot

Best Buy Company, Inc. Deal Timeline


Drag the timeline to see more deals; click on a deal to see details.


Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Best Buy Company, Inc. M&A History


Best Buy Co Inc acquires remaining interest in Five Star Appliance Co Ltd (pending) Best Buy Co Inc acquires remaining interest in Five Star Appliance Co Ltd (pending)Feb 10, 2009

CHINA - Best Buy Co Inc agreed to acquire the remaining ##% stake, which it did not already own, in Five Star Appliance Co Ltd, an electrical appliances wholesaler and retailer, from undisclosed sellers, for an estimated #.### bil Chinese

Best Buy Co Inc acquires Carphone Warehouse Group PLC- from Carphone Warehouse Group PLC Best Buy Co Inc acquires Carphone Warehouse Group PLC- from Carphone Warehouse Group PLCJun 30, 2008

UK - Best Buy Co Inc (BB) of the US acquired the retail business of Carphone Warehouse Group PLC (CP), a London-based retailer of mobile phones, for #.# bil British pounds ($#.## bil US) in cash, via a

Best Buy Co Inc acquires a minority stake in Carphone Warehouse Group PLC Best Buy Co Inc acquires a minority stake in Carphone Warehouse Group PLCSep 19, 2007

UK - Best Buy Co Inc of the US acquired a #% stake, or ##.### mil ordinary shares, in Carphone Warehouse Group PLC, a London-based retailer of mobile phones, for ##.### mil British pounds ($### mil US), in

Best Buy Co Inc is rumored to be looking for a minority stake in Five Star Appliance Co Ltd Best Buy Co Inc is rumored to be looking for a minority stake in  Five Star Appliance Co LtdApr 16, 2007

CHINA - Best Buy Co Inc was rumored to be planning to raise its interest to ##% from ##%, by further acquiring a ##% stake, in Five Star Appliance Co Ltd, an electrical appliances wholesaler and retailer.

Best Buy Co Inc acquires Speakeasy Inc (pending) Best Buy Co Inc acquires Speakeasy Inc (pending)Mar 27, 2007

US - Best Buy Co Inc planned to acquire Speakeasy Inc, a provider of Internet services, for $## mil in cash.

Five Star Appliance Co Ltd is rumored to be planning to acquire Zhengzhou Yaxiya Dept Store Five Star Appliance Co Ltd is rumored to be planning to acquire  Zhengzhou Yaxiya Dept StoreSep 28, 2006

CHINA - Five Star Appliance Co Ltd, a ##%-owned unit of Best Buy Co Inc, was rumored to be planning to acquire Zhengzhou Yaxiya Department Store, a department store owner and operator.

Best Buy Co Inc is rumored to be planning to acquire Beijing Dazhong Elec Appl Co Best Buy Co Inc is rumored to be planning to acquire  Beijing Dazhong Elec Appl CoAug 07, 2006

CHINA - Best Buy Co Ltd was rumored to be planning to acquire Beijing Dazhong Electrical Appliance Co Ltd, a home appliances retailer.

EQ-Life acquires a minority stake in Best Buy Co Inc EQ-Life acquires a minority stake in Best Buy Co IncJun 20, 2006

US - EQ-Life acquired an undisclosed minority stake in Best Buy Co Inc, a owner and operator of retail stores, in privately negotiated transaction.

Best Buy Co Inc acquires Five Star Appliance Co Ltd Best Buy Co Inc acquires Five Star Appliance Co LtdJun 08, 2006

CHINA - Best Buy Inc (BB) acquired a ##% interest in Five Star Appliance Co Ltd (FS), an electrical appliances wholesaler and retailer, for #.### bil Chinese yuan ($### mil US). The transaction was approved by regulatory authorities. Originally, BB

Best Buy Co Inc acquires Pacific Sales Kitchen and Ctr Best Buy Co Inc acquires Pacific Sales Kitchen and CtrMar 07, 2006

US - Best Buy Co Inc acquired Pacific Sales Kitchen and Center Inc, a retailer of kitchen and bathroom fixtures, for $### mil.

Sun Capital Partners Inc acquires Musicland Group Inc from Best Buy Co Inc Sun Capital Partners Inc acquires Musicland Group Inc from Best Buy Co IncJun 16, 2003

US - Sun Capital Partners Inc acquired all the outstanding stock of Musicland Group Inc, producer and retailer of home entertainment equipments, from Best Buy Co Inc.

Best Buy Co Inc seeking buyer for Musicland Stores Corp Best Buy Co Inc seeking buyer for Musicland Stores CorpMar 31, 2003

US - In March ####, Best Buy Co Inc announced that it was seeking a buyer for its Musicland Stores Corp subsidiary, an owner and operator of record stores.

Best Buy Co Inc acquires Geek Squad Best Buy Co Inc acquires Geek SquadOct 24, 2002

US - Best Buy Co Inc acquired Geek Squad, a provider of computer support services.

Best Buy Co Inc acquires Service Merchandise-Stores(6) from Klaff Realty LP Best Buy Co Inc acquires Service Merchandise-Stores(6) from Klaff Realty LPAug 15, 2002

US - Best Buy Co Inc acquired six stores from bankrupt Service Merchandise Co Inc, an operator of general merchandise retail showrooms and stores. Terms were not disclosed.

Best Buy Co Inc launches a tender offer for Future Shop Ltd Best Buy Co Inc launches a tender offer for Future Shop LtdNov 05, 2001

CANADA - Best Buy Co acquired all the outstanding common stock of Future Shop Ltd (FS), a retailer of various electronic and computer products such as, audio & video products, music CDs, major appliances, and communications and business machines, for ## Canadian

Best Buy Co Inc launches a tender offer for Musicland Stores Corp Best Buy Co Inc launches a tender offer for Musicland Stores CorpFeb 01, 2001

US - Best Buy Co acquired all the outstanding common stock of Musicland Stores Corp (MS), an owner and operator of record stores, for $##.## in cash per share, or a total value of $###.### mil. Earlier, BB completed

Best Buy Co Inc acquires Magnolia Hi-Fi Best Buy Co Inc acquires Magnolia Hi-FiDec 18, 2000

US - Best Buy Co acquired Magnolia Hi-Fi, an owner and operator of electronic stores, for $## mil in cash.

Microsoft Corp acquires a minority stake in Best Buy Co Inc Microsoft Corp acquires a minority stake in Best Buy Co IncApr 14, 2000

US - Microsoft Corp acquired an undisclosed minority stake in Best Buy Co for $### mil in a privately negotiated transaction.

Best Buy Co Inc seeking buyer for Future Shop-Northwest Strs(23) Best Buy Co Inc seeking buyer for Future Shop-Northwest Strs(23)Mar 10, 1999

In March ####, Future Shop Ltd announced that it was seeking a buyer for its ## Pacific Northwest stores.

Best Buy Co Inc cancels spinoff of unit Suncoast Motion Picture Co Best Buy Co Inc cancels spinoff of unit Suncoast Motion Picture CoJan 22, 1996

Musicland Stores withdrew its plans to spin off its Suncoast Motion Picture unit to its shareholders.

Best Buy Company, Inc. M&A Summary


Best Buy Company, Inc. has made 7 acquisitions while taking stakes in 2 companies. Best Buy Company, Inc. has 4 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009000
2008100
2007010
2006111
2005000
2004000
2003001
2002200
2001200
2000101
1999000
1998000
1997000
1996001
Total724

Other Recent M&A in the Retailing Non-Food industry