From BBY investor's site and official announcement
"Best Buy and Mr. Schulze have mutually agreed that Mr. Schulze will have the opportunity to deliver the proposal to the Board of Directors ON OR AFTER February 1, 2013 through February 28, 2013"
NOT before that date! So don't hope for BO to come sooner, since it is signed in ink (and is legally binding document). If you can't wait till January 12th or March, better sell now to us willing to buy.
What I'm hoping is that the Faruqi lawsuit is making Schulz and BBY board rethink their acceptance of a buyout at 20 or less and the resulting buyout price is more towards the 36 mentioned in the lawsuit. I don't mind waiting a couple of months for that kind of buyout price istead of 17 to 20, as was discussed yesterday.