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Best Buy Co., Inc. Message Board

  • texexec60 texexec60 Nov 20, 2012 12:30 PM Flag

    Schulze and former Best Buy Chief Executive


    Officer Brad Anderson are meeting this week with current Best Buy CEO Hubert Joly, said two of the people. Anderson is taking a growing role in Schulze’s effort to line up investors in a buyout, said one of these people.

    Schulze, who still owns more than 20 percent of the retailer, offered Aug. 6 to take Best Buy private at $24 to $26 a share. Its falling stock price and declining earnings have made some directors more willing to pursue a deal with Schulze.

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