Schulze Having Serious Trouble Financing Best Buy (BBY) Takeover
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Price: $25.65 --0%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.7%
EPS Growth %: -59.7%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.7%
EPS Growth %: -59.7%
Trade BBY Now!
According to reports Best Buy (NYSE: BBY) founder Richard Schulze is having trouble securing financing for his planned takeover of the retailer. According to sources cited by Reuters, attempts failed, and alternative strategies that include a minority interest may not work out either.
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