August 6, 2012
The following video is from today’s MarketFoolery podcast, in which host Chris Hill, Jason Moser, and Joe Magyer discuss the latest business news. Shares of Best Buy rose more than 20% at Monday’s opening bell on the news that founder Richard Schulze has offered to buy the company outright. In this segment, the guys analyze Schulze’s challenges, including raising the private equity to make this deal happen. They also compare Best Buy’s standing with two other embattled companies, Research In Motion and Nokia, and share why they believe Research In Motion has hidden value that Best Buy does not.
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