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Best Buy gives Schulze the green light to perform due dilligence

By Shawn Knight
Aug 28, 2012
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  1. Best Buy founder Richard Schulze has been given the green light to move ahead with plans to pursue an acquisition of the company he created more than 45 years ago. The first step in the process is to perform due...

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  2. lchu12

    lchu12 TS Booster Posts: 195   +9

    Wait...does this mean he will be buying his own company? So he'll be the sole owner?
     
  3. Looks like it. however the brick and mortar electronic store is so flawed a concept these days. I don't entirely understand why he would want to regain ownership of it. maybe its so far gone already he this is just the means to reclaim the brand name.

    what there going to do with it afterwords is unclear, because Newegg, buy.com, and others already dominate the online business of electronic retail.
     

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