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Best Buy: What’s Next After Collapse Of Leveraged Buyout?

Best Buy: What’s Next After Collapse Of Leveraged Buyout?

Last summer, Best Buy founder, Richard Schulze offered to buy the company for $8.8 billion, which would have made it the biggest ever buyout for an America retail chain. Schulze stated at the time of his offer that the company was facing a “moment of truth”. The moment appears to have come and gone.