Best Buy, Schulze Could Do Deal at $20/Share -NY Post - InvestingChannel

Best Buy, Schulze Could Do Deal at $20/Share -NY Post

Best Buy (NYSE: BBY) could agree to a takeover of the company by founder Richard Schulze, according to the NY Post. Schulze had offered $24 to $26 for the retailer back in August.

Best Buy was trading 5% higher pre-market on Monday.

(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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