Best Buy says goodbye to Europe

Stephen Beard Apr 30, 2013
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Best Buy says goodbye to Europe

Stephen Beard Apr 30, 2013
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Best Buy is pulling out of a big joint venture in Europe. The company is selling back its 50 percent stake in the mobile phone retailer Carphone Warehouse, at a significant loss.

Marketplace’s Stephen Beard joins Morning Report host Jeremy Hobson to explain why the company is pulling back and whether it represents a trend of U.S. companies retreating from Europe.

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