Best Buy (BBY) Confirms Agreement with Schulze on Extended Bid Deadline

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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