Best Buy (BBY) Postpones Q4 Report; Will Give Schulze Feb. 28th to Respond

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Best Buy (BBY), Schulze Said to Break-Off Talks...For Now

March 1, 2013 6:54 AM EST

Best Buy (NYSE: BBY) and founder Richard Shulze might not get to the pot o' gold at the end of the rainbow after all.

According to reports out Friday, Best Buy ended discussions with Schulze over a potential deal where Schulze... More

Schulze's Plans for Best Buy (BBY) are Collapsing All Around Him

February 26, 2013 4:44 PM EST

Best Buy (NYSE: BBY) is trading even lower Tuesday night following reports that a takeover attempt by founder Richard Schulze might not happen after all.

And it all has to do with financing arrangements.

According to Reuters,... More

Schulze Having Serious Trouble Financing Best Buy (BBY) Takeover

February 26, 2013 4:44 PM EST

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.... More

Best Buy (BBY) is cutting 400 jobs at its headquarters

February 26, 2013 11:22 AM EST

Best Buy Co., Inc. (NYSE: BBY) is cutting 400 jobs at its headquarters as part of cost cutting effort.... More