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Best Buy (BBY -3.5%) trades lower on a move attributed to building chatter that Richard Schulze...

Best Buy (BBY -3.5%) trades lower on a move attributed to building chatter that Richard Schulze is struggling to line up financing for a deal to buy out the retailer.
Comments (3)
  • "Hearing Unconfirmed Chatter". I can only shake my head in disbelief.
    29 Nov 2012, 03:07 PM Reply Like
  • Buy some calls then. They're cheaper right now.
    29 Nov 2012, 03:27 PM Reply Like
  • Thursday, November 29, 11:46 AM Best Buy (BBY -3.5%) trades lower on a move attributed to building chatter that Richard Schulze is struggling to line up financing for a deal to buy out the retailer.

     

    It sounds like Richard Schulze needs to put some additional cash in to make this work. Otherwise his complete BBY stocks with be lost when Best Buy follows the CC route.
    29 Nov 2012, 06:30 PM Reply Like
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