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Best Buy Co., Inc. Message Board

  • uncle.bubs uncle.bubs Nov 28, 2012 1:27 PM Flag

    Shulze has until December 16th at the latest to make BID :0}

    By Joshua Fineman and Clyde Eltzroth
    Nov. 28 (Bloomberg) -- Richard Schulze faces possible
    Dec. 16 deadline to make bid for Best Buy, DealReporter said
    late yday, citing person familiar with matter.
    • BBY appears to be “posturing” with claim that deadline won’t be extended: person familiar
    • BBY, Schulze didn’t immediately return calls for comment from dR
    • NOTE: Bloomberg last week said Schulze working with Cerberus, TPG, Leonard Green, asked for 30 days to review BBY finances

    This will put Shorts Panties in a Bind :0}

    Sentiment: Strong Buy

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