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The board at Best Buy (BBY +0.6%) wants to wait until after the company's earnings report...

Aug. 08, 2012 12:41 PM ETBest Buy Co., Inc. (BBY) StockBBYBy: Clark Schultz, SA News Editor2 Comments
The board at Best Buy (BBY +0.6%) wants to wait until after the company's earnings report release, scheduled for August 21, to send in bankers to talk to founder Richard Schulze's buyout team again. At the first go-around it became apparent that Schulze planned to lower prices at Best Buy without any major cost-cutting, a move that a private company could pull off easier than a public one. He would also like to Apple-ify the BBY shopping experience, a la JCP's Ron Johnson.

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