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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
03/30/201507:37:27Current Report Filing (8-k)
03/30/201506:29:19Wall Street Breakfast: Greece Battles To Release Funds
03/30/201504:38:13Best Buy Is Set To Deliver Solid Performance
03/29/201504:18:37Best Buy warns on profit
03/28/201510:07:00Best Buy Canada announces the consolidation of Future Shop...
03/22/201504:52:28Focus On Rewarding Investors Earns Best Buy A Bullish Thesis
03/21/201508:00:02Why This Well-Known Retailer Isn't Built to Last
03/18/201513:00:07Proxy Statements: What They Are and Why You Should Read Them
03/18/201512:53:21Target Extends Return Window for Private-Label Brands--Update
03/17/201507:05:02Apple Watch vs Samsung Gear: Why Apple Can Succeed Where Samsung...
03/12/201517:09:51Statement of Changes in Beneficial Ownership (4)
03/10/201506:38:52Don't Fight Trends - So Don't Invest In Best Buy
03/08/201506:57:19Best Buy: Potential Buy After Q4 Earnings Release
03/07/201510:10:50Searching For Dividend Deals That Benefit From The Strong Dollar
03/07/201504:09:345 Dividend Stocks Raising Their Payouts And Yields
03/06/201516:44:37Annual Statement of Changes in Beneficial Ownership (5)
03/06/201502:52:50Why I Bought Shares Of Best Buy After Its Q4 Report
03/05/201503:37:44Best Buy: Another Victory Lap That Is Very Well Deserved
03/04/201507:32:39Cramer's Six Worries - Cramer's Mad Money (3/3/15)
03/03/201517:49:27MARKET SNAPSHOT: U.S. Stock Slip A Day After Nasdaq Tops 5,000

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