Confused Five Star Appliance.docVIP

 PAGE \* MERGEFORMAT 11 Confused Five Star Appliance As a Five Star Appliance stores Promoters of Zhao did not expect, February 20 Best to buy a paper notice, so that my feet stepped into a pragmatic manner and the door to the world 500 strong. That day, Best Buy announced that, following the first equity transaction in 2006, after it has, and Five Star Appliance in respect of all of its remaining stake in the transfer agreement, which means that Best Buy will be a wholly-owned Five Star Appliance. Although it is known as early as 2006 had been 100 Five Star Appliance Best Buy This is the world’s largest home appliance chain enterprises holding 75 percent, but Zhao has always felt that Best Buy is very far away from their own. Because he felt that Five Star has always been the Wang Jianguo have the final say. Zhao Jun, such as the benefit is not just ordinary employees, as well as Five Star’s shareholders, including of course the founder Wang Jianguo Five Star Appliance. According to the announcement shows that Best Buy Five Star Appliance acquisition of 25% of the shares of the cost of reaching 185 million. This WANG Jian-guo, it seems a good price. As clear evidence is that three years ago, Best Buy to slightly less than this figure to 1.84 billion acquisition of 75% stake in Five Star Appliance. May not be out of Best Buy according to facilitate the provision of news, this merger seems to be three years ago, an agreement had been reached, the acquisition of the remaining 100 shares of Best Buy, it seems only a matter of routine. Surprisingly, as the founder of Wang Jianguo was thereafter announced its withdrawal from the management of Five Star Appliance. Added to the 100 from Best Buy family started Jian-Guo Wang seems to be in better integration into the cultural atmosphere of Best Buy’s efforts, such as the introduction of household appliances consultant, more emphasis on effectiveness rather than a single store chain scale, which is Five Star Appl