Market Overview

NY Post Says Schulze Remains 'Long Ways' from Best Buy Bid

Related BBY
5 Biggest Price Target Changes For Friday
Mid-Afternoon Market Update: Dow Falls Over 300 Points; AxoGen Shares Spike Higher
Upcoming Dividends: 24 Companies, 8 Increases, 4 Double-Digit Increases (Seeking Alpha)

Best Buy (NYSE: BBY) shares are down more than 1 percent Friday morning on the heels of a NY Post article which suggests former head Richard Schulze is still a "long ways" from making a definitive bid for the company.

A source at the Post said Schulze will likely miss the rumored December 16th deadline for making an offer.

Posted-In: News Rumors


Related Articles (BBY)

View Comments and Join the Discussion!