Law Practice
Sep. 16, 2008
O'Melveny, Latham Pair Napster, Best Buy
O'Melveny & Myers and Latham & Watkins teamed up to aid digital music provider Napster Inc. as it was acquired by consumer electronics retailer Best Buy Co. Monday.
By Devan McClaine
Daily Journal Staff Writer O'Melveny & Myers and Latham & Watkins teamed up to aid digital music provider Napster Inc. as it was acquired by consumer electronics retailer Best Buy Co. Monday. The pair entered into a definitive merger agreement worth $121 million in cash. Napster's board of directors unanimously approved the transaction. The Minnesota retailer is banking on the Los Angeles peer-to-peer pio...
Daily Journal Staff Writer O'Melveny & Myers and Latham & Watkins teamed up to aid digital music provider Napster Inc. as it was acquired by consumer electronics retailer Best Buy Co. Monday. The pair entered into a definitive merger agreement worth $121 million in cash. Napster's board of directors unanimously approved the transaction. The Minnesota retailer is banking on the Los Angeles peer-to-peer pio...
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