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Ex-Best Buy Chairman Not Expected to Present Buyout Soon

Richard Schulze, the founder and former chairman of Best Buy Co. (BBY), isn't expected to present a buyout offer for the electronics retailer soon, Reuters reported, citing a person familiar with the situation. Talks concerning a potential bid are still in the early stages, the person told Reuters. Earlier today, Best Buy shares were up more than 10% amid buyout speculation. The stock recently traded at $22.07, up $1.11 or 5%. Full story at http://www.reuters.com/article/2012/07/02/us-bestbuy-lbo-idUSBRE86110V20120702 Write to nymonitoring@dowjones.com

Stock News for Best Buy (BBY)
DateTimeHeadline
07/29/201510:36:00Best Buy Launches Specialized Windows 10 Training Classes, Features...
07/10/201510:03:03Can Brick-and-Mortar, Mall-Based Retailers Survive?
07/06/201509:58:00Not Your Parents' Wedding: Survey Uncovers Major Shifts in Nuptials...
06/26/201516:06:33Annual Report of Employee Stock Plans (11-k)
06/23/201517:44:40Statement of Changes in Beneficial Ownership (4)
06/23/201517:44:40Statement of Changes in Beneficial Ownership (4)
06/23/201517:44:40Statement of Changes in Beneficial Ownership (4)
06/23/201517:44:40Statement of Changes in Beneficial Ownership (4)
06/18/201508:45:03The 3 Best Stocks to Invest in Hardware
06/15/201508:45:022 Stocks To Watch in Big-Box Retailers
06/11/201516:30:23Current Report Filing (8-k)
06/10/201517:36:48Statement of Changes in Beneficial Ownership (4)
06/10/201517:36:48Statement of Changes in Beneficial Ownership (4)
06/10/201517:36:48Statement of Changes in Beneficial Ownership (4)
06/10/201517:36:25Statement of Changes in Beneficial Ownership (4)
06/10/201517:36:25Statement of Changes in Beneficial Ownership (4)
06/10/201517:36:25Statement of Changes in Beneficial Ownership (4)
06/10/201517:36:25Statement of Changes in Beneficial Ownership (4)
06/10/201517:36:25Statement of Changes in Beneficial Ownership (4)
06/10/201517:36:25Statement of Changes in Beneficial Ownership (4)

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