Saturday, June 9, 2012

Investopedia: Could Best Buy's Founder Take The Company Off The Market?

Electronics retailing giant Best Buy (NYSE:BBY) badly needs stability, and that seems to be exactly what the company is not getting. The company is still looking for a new full-time CEO, preferably one with experience in turning around a retailer, and now the company's founder is stepping away from the company. Now board chair and founder Richard Schulze has elected to step away from the company entirely, instead of staying on the board for another year as had been planned.

Read the full article here:
http://stocks.investopedia.com/stock-analysis/2012/Could-Best-Buys-Founder-Take-The-Company-Off-The-Market-BBY-AMZN-SHLD-DG0608.aspx

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