Best Buy (BBY) Trades Lower as Co. Extends Deadline for Schulze Bid
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Best Buy (BBY) Confirms Agreement with Schulze on Extended Bid Deadline
December 14, 2012 9:14 AM ESTBest Buy Co., Inc. (NYSE: BBY) confirmed that the company and founder Richard Schulze agreed to amend the terms of their August 26, 2012 agreement that allowed Mr. Schulze access to certain due diligence information and permission to form an investment group in furtherance of making a... More
Schulze May Not Have Secured Financing for Best Buy (BBY) Bid
December 13, 2012 11:00 AM ESTBest 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's Final Push to Take Best Buy (BBY) Private
December 13, 2012 7:31 AM ESTBest Buy (NYSE: BBY) founder Richard Schulze is expected to renew efforts to purchase the big box retailer this week, with an offer that is said to be at least $5 to $6 billion, according to reports in the StarTribune. Citing sources, the paper said... More
Schulze Best Buy (BBY) Offer Seen at $5 to $6 Billion
December 13, 2012 7:04 AM ESTSchulze's offer for Best Buy (NYSE: BBY) is expected to be at least $5 Billion to $6 Billion, according to reports this morning.... More
