NEWS BRIEF: Best Buy Closing More Stores, Rdio Takes On EU, $ Raised For Sony + EMI & More

• Best Buy is closing 50 full stores as part of an efforts to cut $800 million in costs. The reatiler is also opening 100 smaller mobile only locations.
• Interview: Rdio Prepares To Take On Spotify, Deezer Et Al In Europe. (paidContent UK)
• In part to help finance the Sony purchase of EMI publishing, GSO Capital Partners, the credit investment arm of Blackstone Group, has raised $4 billion for a fund focused on middle-market companies. (Bloomberg)

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