CompUSA bought Computer City
The purchase price of the transaction is approximately $275 million. The sale will be accounted for under the purchase accounting method and is subject to regulatory approval, normal due diligence and other conditions.
CompUSA bought Computer City is the story today, and it fits right into the fast-moving PC gaming pileup of June 1998. and Tandy Corporation today announced the completion of a definitive agreement to purchase Tandy’s Computer City subsidiary. The purchase price of the transaction is approximately $275 million. The sale will be accounted for under the purchase accounting method and is subject to regulatory approval, normal due diligence and other conditions. For players keeping one eye on patches, demos, hardware, and whatever the big studios are cooking up next, this is exactly the kind of update that can disappear in a day and matter a month later. Welcome to PC gaming, where the news moves faster than most download mirrors.