CompUSA to close some stores
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CompUSA to close some stores

The restructuring follows reports that CompUSA parent Grupo Carso SA may issue US$440 million in new shares through a holding company, U.S. Commercial Corp., to help shore up the ailing chain. CompUSA "has been struggling for several years to find a game plan within the commodity-driven PC market, including an ill-fated effort to enter the A/V category by acquiring the now defunct Good Guys chain," notes Twice.

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