compusa is up for sale - no joke
Posted: Wed Sep 13, 2006 5:02 pm
you interested in owning a computer supply company ?
The owner of electronics retailer CompUSA has reportedly asked financial advisers to find buyers for the chain.
The Dallas Morning News, citing unnamed sources familiar with the offer, reported Wednesday that Grupo Carso of Mexico asked Credit Suisse to quietly approach investors who might be interested in the 230-store chain.
A CompUSA spokesman declined to comment to The Associated Press, and officials at Credit Suisse did not immediately return calls.
Grupo Carso, controlled by Mexican financier Carlos Slim Helu, bought CompUSA and took it private in 2000.
The company, based in Dallas, has been squeezed by falling prices for personal computers and by competition from PC companies that sell their own machines, such as Dell and Apple Computer, and big-box retailers that sell PCs.
CompUSA has also had rapid turnover at the top recently. Two weeks ago, the company named former Philip Morris executive Roman Ross as chief executive, replacing Tony Weiss, who held the top job only four months
full story here
The owner of electronics retailer CompUSA has reportedly asked financial advisers to find buyers for the chain.
The Dallas Morning News, citing unnamed sources familiar with the offer, reported Wednesday that Grupo Carso of Mexico asked Credit Suisse to quietly approach investors who might be interested in the 230-store chain.
A CompUSA spokesman declined to comment to The Associated Press, and officials at Credit Suisse did not immediately return calls.
Grupo Carso, controlled by Mexican financier Carlos Slim Helu, bought CompUSA and took it private in 2000.
The company, based in Dallas, has been squeezed by falling prices for personal computers and by competition from PC companies that sell their own machines, such as Dell and Apple Computer, and big-box retailers that sell PCs.
CompUSA has also had rapid turnover at the top recently. Two weeks ago, the company named former Philip Morris executive Roman Ross as chief executive, replacing Tony Weiss, who held the top job only four months
full story here
