Back in June,
I wrote an article that suggested
Best Buy (NYSE:
BBY)
could see itself the target of a go-private bid from founder Richard
Schulze, particularly after he stepped away from the company. Rumor and
speculation became fact on Monday, though, as Richard Schulze formally
launched a bid that values the company's outstanding shares at $24 to
$26.
Read more here:
http://stocks.investopedia.com/stock-analysis/2012/Best-Buy-Gets-It-Bid-BBY-AMZN-HGG-JCP0807.aspx
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