Thursday, December 13th 2007
While the rumor that CompUSA is closing soon has been going around the internet for around a week now, nobody had actually confirmed anything. CompUSA head honchos officially confirmed what has been suspected: CompUSA was acquired by an investment firm, which goes by the name of the Gordon Brothers Group.
Under the terms of the deal, ownership of CompUSA will be transferred from Mexican billionaire Carlos Slim to the Gordon Brothers Group. "An orderly and expedited wind-down and asset sale process is the best option for CompUSA and its creditors at this juncture," said Bill Weinstein of the Gordon Brothers Group.Assuming you have a CompUSA near you, expect some very nice going out of business sales to arrive shortly.Source: DailyTech