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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 Write to

Stock News for Best Buy (BBY)
11/29/201508:03:10What to Expect From Amazon, Target, Wal-Mart, and More on Cyber...
11/29/201505:00:00Millions Shop Best Buy Black Friday Weekend Deals; Cyber Week...
11/27/201511:50:00Black Friday Shopping With Thinner Crowds
11/27/201511:41:00Black Friday Shopping, With Thinner Crowds--Update
11/27/201511:19:00Black Friday Shopping--With Thinner Crowds
11/26/201514:00:03Don't Buy a TV on Black Friday
11/26/201513:00:04Everything Shoppers Need to Know for Black Friday
11/25/201510:00:08After Using Android for 5 Years, I've Finally Switched to iPhone
11/25/201510:00:03Hands-On With Lenovo's Sub-$200 Microsoft Windows 10 Laptop
11/25/201509:20:03Best Buy's Up-and-Down Performance Continues
11/24/201503:03:00The Tricky Math Of Black Friday Bargains
11/22/201510:00:033 Stocks to Buy Ahead of Black Friday
11/21/201512:00:02Do Black Friday Deals Even Matter Any More?
11/20/201508:00:00Best Buy Announces Regular Quarterly Cash Dividend
11/19/201509:29:04Better Dividend Stock: Best Buy or GameStop?
11/19/201508:30:023 Trends That Will Change the Face of the Retail Industry
11/19/201507:00:00Best Buy Reports Third Quarter Results
11/18/201516:57:43Statement of Changes in Beneficial Ownership (4)
11/18/201516:34:43Amended Current Report Filing (8-k/a)
11/15/201508:11:033 Great Stocks on Sale

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