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Best Buy Co., Inc. Message Board

  • toughmudder456 toughmudder456 Nov 8, 2012 9:15 PM Flag

    Wht happens to BBY if

    A) Schulze announces that he needs additional 30 days

    B) schulze announces he tried but could not find equity partners for any bid at any level

    C) schulze announces bid at 18 bucks

    D) schulze announces bid at 24 bucks

    These are all the most likely scenarios. What do you think happens to the stock in each? My take:

    A) stock tanks to 14.50
    B) stock tanks to ??.??
    C) stock doesn't move as everyone knows they'd never accept 18 bucks
    D) stock rises to 18

    Either way stock doesn't go up much

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      E) On an analyst call on Nev 13th CEO Joly announces that Schultze had found undertanding with Schultze and that he has abandoned any buyout attempts for the next 3 years and instead agreed for 2 places on the BoD and to further support the current management with his expertise. Stock? Probably down another 10-20 % on these news as all those long here for a buyout will exit in panic. And unfortunately given no developments as for buyout instead of very questionnable articles from a local Minneapolis newspaper - I consider this scenario as quite likely. Just my 2 cents

32.17+0.14(+0.44%)May 31 4:03 PMEDT