Rhapsody To Acquire Napster

tekgoblin writes "Earlier today Rhapsody, the biggest premium on-demand music service in the U.S., announced that they would be acquiring Napster and finalizing the purchase of the company by the end of November. Best Buy, a huge global name in consumer electronics retail, is the current owner of Napster. Best Buy will only be keeping a minority stake after the sale of the company, while Rhapsody will acquire all Napster subscribers and additional assets."