Posts Tagged ‘16milliondollars’

Canon May Inject $16M Into Struggling UK Camera Retailer Jessops

The fact that UK camera retailer Jessops has been struggling financially is pretty well established; what’s now under debate is whether or not Canon is going to make a sizable invest to bail them out. Just how sizable are we talking? Ten million pounds, or roughly 16 million dollars. According to an article in The Sunday Times ( in which no source was named) Canon is set to pull the trigger on the hefty investment in order to keep Jessops, the only specialized camera retailer in the UK, in business. But when asked to comment, both Jessops and Canon maintained that they will not comment on “rumor and speculation.”
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