Schulze was well aware that earnings were going to be terrible as he has been consucting dd
The only thing Schulze and his team will have decide is the buyout price. The very weak earnings made the $20 a very likely number, in fact, the board even mentioned that number so I expect something within next 30 days. I also think Schulze will keep the new CFO as she is definitely very good at what she does. I'm not so sure about Joly remaining and don't really care.
Best Buy still generating a ton of cash flow and could become quit profitable under proper mgmt.
The buyout will happen....no doubt about that.
Once again, Schulze never ever asked for extension officially, though all the set timeframes are in the past. The only extension talk was - rumors from 'sources'. He said nothing about it. Actually he said nothing since August. From time to time certain 'sources' were spreading rumors, luring more and more baggies into the stock. And the stock was tanking more and more. Does it tell you anything?