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Best Buy founder and Credit Suisse work on stake options Wednesday, 27th June 2012
Best Buy founder Richard Schulze is said to be working with Credit Suisse to explore the options for his 20.1 per cent ownership in the company, after resigning from the board earlier this month.
Sources cited by Reuters are said to think the talks will include the possibility of a buyout, following Schulze’s premature resignation from the Best Buy board earlier this month.
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Posted in Electricals, People, Deals and Takeovers Tagged best, buy, schulze, electronics, retailer, resignation, credit suisse, board, chief, executive
