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Best Buy Company Makes Offer For Dick Smith Tipped To Be Accepted

  1. Keen Watcher
    49 Posts.
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    23/02/16
    07:46
    Post #: 17088266
    The Five Star Chinese retail chain that is 75% owned by giant US consumer electronics retailer Best Buy has put in a none binding bid to buy Australian retailer Dick Smith, the offer is believed to have been accepted by the receiver Ferrier Hodgson who is waiting on acceptance by the banks who placed the mass retailer into administration.

    http://www.smartoffice.com.au/busin...fer-for-dick-smith-tipped-to-be-accepted.aspx
    DSH Price at posting: 35.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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