I don't believe it surprised anyone when the board at
Best Buy (NYSE:
BBY)
didn't exactly leap for joy at the receipt of a go-private bid from
Best Buy's founder (and largest shareholder) Richard Schulze. Likewise,
I'm not sure many investors will be surprised that the company once
again posted a very disappointing quarterly financial performance. Now
the question turns to whether shareholders should give newly hired
CEO Hubert Joly a chance to work his turnaround magic, or take Schulze's money and move on to new opportunities.
Please continue reading here:
http://stocks.investopedia.com/stock-analysis/2012/Should-Best-Buy-Shareholders-Take-The-Money-And-Run-BBY-AMZN-COST-HGG0821.aspx
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