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Best Buy (BBY) Buying Netflix (NFLX) For $44?

A reader says there was chatter to that effect this afternoon, as Netflix (NFLX) pushed 6% higher on high volume. Would this make sense? Only if Best Buy (BBY) has been persuaded that the Blockbuster (BBI) - Circuit City (CCI) deal makes sense, which we certainly haven't. On the "why not?" side, a...

Silicon Alley Insider | more posts | 53 days | Fri., May 16, '08

Best Buy netting Netflix for a tidy $44?

With electronic retailers looking to expand business to new frontiers, it should come as little surprise that the big players are forming alliances to better expand and market business. Rumor has it, by way of a very reputable industry source, that electronic retailer giant Best Buy might be...

TECH.BLORGE.com | more posts | 53 days | Sat., May 17, '08

 

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