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Richard Schulze Articles

Best Buy, Schulze Agree to Move Forward With Due Diligence Best Buy, Schulze Agree to Move Forward With Due Diligence
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Best Buy announced today that it has reached an agreement with founder Richard Schulze, which will enable Schulze to conduct due diligence, as he tries to acquire the company. Specifically, he’s been granted acces to certain info and permission to …

Best Buy Buyout Bid Talks Said To Resume Best Buy Buyout Bid Talks Said To Resume
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Talks between Best Buy and its founder, who has expressed interest in buying back the company, are reportedly back on, after a brief hiatus. Earlier this month, Best Buy Founder Richard Schulze announced an offer to buy back the company …

Best Buy Founder Schulze Makes Sure Board Knows He’s Serious About That Acquisition Best Buy Founder Schulze Makes Sure Board Knows He’s Serious About That Acquisition
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Last week, Best Buy Founder Richard Schulze announced an offer to buy back the company he started for an estimated $8 billion. Today, he sent a letter to the Board of Directors affirming his commitment to the acquisition, and urging …

Best Buy Chairman Ousted Following Investigation Of Former CEO Best Buy Chairman Ousted Following Investigation Of Former CEO

Back in early April, Best Buy CEO Brian Dunn resigned amid allegations of improper conduct with a female subordinate. When the resignation was first announced, Best Buy claimed that Dunn and the board agreed on the severance in order to …

Best Buy Founder Resigns Best Buy Founder Resigns

It was just reported that former Yahoo CEO Scott Thompson resigned after being called out by Dan Loeb and Third Point for padding his resume. Thompson, who had been peddling a fake computer science degree for some time, made national …