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.
The board at Best Buy (BBY +0.6%) wants to wait until after the company's earnings report...
Recommended For You
About BBY Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
BBY | - | - |
Best Buy Co., Inc. |