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Schulze's Final Push to Take Best Buy (BBY) Private

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Best Buy (BBY) Trades Lower as Co. Extends Deadline for Schulze Bid

December 14, 2012 9:05 AM EST

Best Buy Co., Inc. (NYSE: BBY) trades lower on reports from CNBC's David Faber that the company extended the deadline for a Schulze bid until the end of February. Window for bid Feb 1. through Feb. 28. Shares are down 7%.

The extension suggests to... More

Schulze May Not Have Secured Financing for Best Buy (BBY) Bid

December 13, 2012 11:00 AM EST

Best Buy Co., Inc. (NYSE: BBY) slips lower as DealReporter claims financing for any potential bid from founder Richard Schulze isn't secured yet.

Schulze could make a bid with conditional financing, the report notes.

Shares are still up 15 percent on the session, but off of intraday highs.... More

Schulze Best Buy (BBY) Offer Seen at $5 to $6 Billion

December 13, 2012 7:04 AM EST

Schulze's offer for Best Buy (NYSE: BBY) is expected to be at least $5 Billion to $6 Billion, according to reports this morning.... More

StreetInsider.com After-Hours Movers 12/12: (SAM) (BBY) (CERN) Higher; (HRG) (ENDP) (JNPR) Lower (more...)

December 12, 2012 5:56 PM EST

Harbinger Group Inc. (NYSE: HRG) 17% LOWER; announced a registered secondary public offering of shares of its common stock by Harbinger Capital Partners Master Fund I, Ltd., Harbinger Capital Partners Special Situations Fund, L.P. and Global Opportunities Breakaway Ltd. The selling stockholders intend to grant the underwriters an option for 30 days to purchase additional shares. The Company will not sell any shares or receive any proceeds from the offering.

The Boston Beer Company, Inc. (NYSE:... More