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Thursday, May 16, 2024

NY Post Says Schulze Remains ‘Long Ways’ from Best Buy Bid

Courtesy of Benzinga.

Best Buy (NYSE: BBY) shares are down more than 1 percent Friday morning on the heels of a NY Post article which suggests former head Richard Schulze is still a “long ways” from making a definitive bid for the company.

A source at the Post said Schulze will likely miss the rumored December 16th deadline for making an offer.

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