Good Guys chain sold

Mon, Sep 29, 2003 (11:06 a.m.)

CompUSA Inc., an electronics chain controlled by Mexican billionaire Carlos Slim, has agreed to buy retailer Good Guys Inc. for $55.3 million in cash.

CompUSA will pay $2.05 a share for the Alameda, Calif.- based chain, a 37 percent premium to its closing price Friday.

Good Guys has 71 stores in California, Nevada, Oregon and Washington.

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