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.
Blake Bos owns shares of RadioShack. The Motley Fool owns shares of Best Buy, RadioShack, and Supervalu and is short RadioShack. Motley Fool newsletter services recommend Supervalu. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.