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Article: Carlos Slim Helu makes a rare exit: CompUSA is an atypical loss for Mexican tycoon.
- Article from:
- The Dallas Morning News (Dallas, TX)
- Article date:
- September 15, 2006
CopyrightCOPYRIGHT 2006 The Dallas Morning News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Brendan M. Case
Sep. 15--On his way to becoming the third-richest man in the world, Carlos Slim Helu often relied on a simple strategy: Buy troubled companies on the cheap. Turn them around. Then reap the rewards. Some of that thinking may have been behind his 2000 purchase of CompUSA Inc., when he paid $800 million for a company that had boasted a market capitalization surpassing $3 billion just a few years before. But instead of giving the Mexican billionaire another feather in his cap, CompUSA turned into a rare blemish on his stellar record. Now he's looking to cut his losses. This week, Mr. Slim, 66, acknowledged through a spokesman that ...
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Article: CompUSA Aims to Reboot Its Image as PC Sales Stall.
The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News);
November 26, 2003 ;
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... ... than computers when they hear the CompUSA Inc. name. "It's part of the ... executive officer at Dallas-based CompUSA, a privately held company that ... holdings of Mexican billionaire Carlos Slim Helu. CompUSA probably doesn't have much choice ...
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