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Itochu fully acquires US smartphone reseller We Sell Cellular for ~$13.4 million, raising stake to 100%
Japanese trading house Itochu spent approximately $13.4 million to fully acquire New York-based smartphone reseller We Sell Cellular (WSC), increasing its stake from 79.5% to 100%. The move aims to capture the growing demand for low-cost handsets in the U.S. amid rising prices.
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