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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
09/26/201609:50:00Roku Reboots Streaming Video Lineup With Cheap HD and High-End...
09/26/201607:00:00Best Buy Brings Leading Startups, Innovators to Consumers Like...
09/22/201613:30:00SolarCity Aims to Cut Marketing Costs as Competition Heats Up
09/02/201616:32:28Quarterly Report (10-q)
09/02/201616:21:21Statement of Changes in Beneficial Ownership (4)
09/02/201616:21:21Statement of Changes in Beneficial Ownership (4)
09/02/201616:21:21Statement of Changes in Beneficial Ownership (4)
08/29/201616:33:38Statement of Changes in Beneficial Ownership (4)
08/26/201616:45:00Republican Congressman Pushes Internet Sales Tax Plan
08/26/201608:08:00On BizWireTV: Big Name Brands Join Louisiana Relief Effort and...
08/24/201608:00:00Best Buy Announces Regular Quarterly Cash Dividend
08/24/201603:03:00Best Buy Gains in Online Battle -- WSJ
08/23/201620:16:00Best Buy Shares Jump as Online Sales Climb -- 3rd Update
08/23/201617:03:00Best Buy Shares Jump as Online Sales Climb -- 3rd Update
08/23/201608:30:00Best Buy Shares Jump as Online Sales Climb
08/23/201607:02:06Current Report Filing (8-k)
08/23/201607:00:00Best Buy Reports Better-Than-Expected Second Quarter Results
08/19/201616:33:00Statement of Changes in Beneficial Ownership (4)
08/19/201616:33:00Statement of Changes in Beneficial Ownership (4)
08/19/201616:33:00Statement of Changes in Beneficial Ownership (4)

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