Best Buy Founder Schulze Plans Stock Sale to Diversify Assets

Richard Schulze, Best Buy Co.’s founder and largest shareholder, informed the consumer electronics retailer that he plans to sell an undisclosed amount of its stock to diversify his assets and raise money.

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Best Buy Finds Stability in Schulze

The return of Schulze is going to steady the company during the changes coming this year.

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Schulze returns to Best Buy as chairman emeritus

Best Buy's co-founder and former chairman Richard Schulze is returning to the Best Buy fold as chairman emeritus.The move comes after Schulze considered making a buyout bid for the electronics retailer ...

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Best Buy founder Richard Schulze returns as chairman emeritus

Best Buy founder Richard Schulze is throwing his support behind the current management, returning as chairman emeritus to the electronics retailer he left in a haze of scandal last year and then tried to buy out.

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Best Buy founder Schulze named chairman emeritus

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Best Buy founder Schulze to return to the company

Read full story for latest details.

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Best Buy founder Schulze rejoins as chairman emeritus

By Dhanya Skariachan (Reuters) - Best Buy Co Inc (BBY.N) founder Richard Schulze, who left the board last year and later failed in his effort to take the company private, will rejoin the retailer as chairman ...

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Best Buy founder Schulze rejoins as chairman emeritus - Manoramaonline


Business Insider

Best Buy founder Schulze rejoins as chairman emeritus
Manoramaonline
Schulze, who founded Best Buy in 1966, resigned as chairman last June after an internal probe found he had not informed the board of allegations that former Chief Executive Brian Dunn was having an inappropriate relationship with a female employee.
Richard Schulze Returns to Best Buy as Chairman EmeritusFox Business
Schulze returns to Best Buy as chairman emeritusBoston.com
Schulze to be Chairman Emeritus at Best BuyNASDAQ
Business Insider -Bloomberg -Minneapolis Star Tribune
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Best Buy Founder Schulze Considers Alternatives to Buyout Plan - Wall Street Journal


Best Buy Founder Schulze Considers Alternatives to Buyout Plan
Wall Street Journal
In August, Mr. Schulze said he submitted a written proposal to buy the rest of the company he didn't already own in a deal that valued Best Buy at about $8 billion. At the time, Mr. Schulze said he was prepared to roll at least $1 billion of his own ...
Best Buy founder may scrap buyout bid-sourcesReuters

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Holiday Sales Drop Seen for Best Buy May Hurt Schulze Buyout Bid

Few investors have more riding on Best Buy Co.’s (BBY) holiday sales than founder Richard Schulze. If they perform poorly his efforts to take the world’s largest consumer-electronics retailer private will become harder.

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