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Comp USA Sold

Mexican retailer Grupo Sanborns has agreed to purchase leading computer retailer Comp USA for slightly more than $790 million. Grupo Sanborns will pay $10.10 for each out...
Mexican retailer Grupo Sanborns has agreed to purchase leading computer retailer Comp USA for slightly more than $790 million. Grupo Sanborns will pay $10.10 for each outstanding common share of Comp USA, a premium of 50% on Comp USA's Friday closing price of 6 ¾. Grupo Sanborn's Carlos Helu identified increasing the Internet presence of Comp USA as the new owners top priority.

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