Monday, July 30, 2012

Best Buy founder building executive team ahead of buyout

Best Buy founder building executive team ahead of buyout

. Best Buy (BBY) founder Richard Schulze plans to take the massive nationwide retailer private once again, and he is reportedly recruiting a team of executives to help revitalize the company if his effort is successful. An earlier report from June revealed Schulze's intentions, suggesting that the former board chairman was planning a buyout to turn the struggling retailer's business around and prevent his stake in the company, which currently sits at 20%, from losing more value.

Boy Genius Report , Best Buy founder building executive team ahead of buyout, Best Buy founder building executive team ahead of buyout

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