Best Buy delays earnings as it waits for Shulze, Bloomberg says

theflyonthewall.com

Best Buy (BBY) postponed its Q4 earnings release by one day until March 1 to see whether founder Richard Schulze bids for the company. The company “wants to allow for the expiration of the period of time that Schulze has to respond to the company,” said a company spokesman, by telephone. Best Buy had originally planned to report earnings Feb. 28, the deadline for Schulze to make an offer, says Bloomberg Businessweek.

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