Best Buy (NYSE: BBY ) may be going private, as early as this week. Rumors are circulating that Richard Schulze, the original founder of Best Buy and a firm believer in the company, is raising the capital to buy it out. He states, however, that at this point, they are only rumors, and nothing is confirmed. In this video, Motley Fool consumer goods analyst Blake Bos discusses what it means for a company to go private, and what the benefits can be.
To learn about two retailers with especially good prospects, we invite you to take a look at The Motley Fool's special free repo. The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail. In it, you'll see how these two cash kings are able to consistently outperform, and how they're planning to ride the waves of retail's changing tide. You can access it by clicking here.
RSS Headlines
Comments from our Foolish Readers
Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the
Report this Comment icon found on every comment.
Report this Comment On December 13, 2012, at 10:42 PM, cequity wrote:
BBY, it is possible that bid start at $ 19 or 20
and end up at $ 24
No one would be willing to work on a bid for
$15 / 16 so it got to be starting at 19 or 20
The deadlines are already completed and now
is the time to get into serious business.
Report this Comment On December 14, 2012, at 9:41 AM, ActionWaters wrote:
I like how you said that Best Buy finally goes private, but then your introduction sentence is that Best Buy may go private.
Report this Comment On December 14, 2012, at 10:04 AM, TMFBos wrote:
Yeah, sorry about the title. It has since been fixed.
Cheers,
Blake
Add your comment.