Shares of Best Buy (BBY) track 4.2% higher in premarket trading after indications are that...

|About: Best Buy Co. (BBY)|By:, SA News Editor

Shares of Best Buy (BBY) track 4.2% higher in premarket trading after indications are that founder Richard Schulze will press on with a buyout bid with private equity interests closer to being on board. ValueWalk notes that it will be the P-E firms, not Schulze, driving negotiations and that Best Buy may take a deal with options running low.