Best Buy Founder Weighs Buyout

Best Buy Co. founder Richard Schulze is working with Wall Street bankers to explore taking the electronics retailer private, according to people familiar with Mr. Schulze’s thinking.

The company’s largest shareholder, Mr. Schulze controls slightly more than 20 percent of Best Buy stock. He abruptly resigned his post as chairman and director at the Richfield, Minn., company earlier this month, saying he was pondering options for his stake.

Read the rest of this post on the original site »


Must-Reads from other Web sites

Brian Morrissey

The Price of Original Content

Kevin Poulsen

Strongbox and Aaron Swartz

Harry McCracken

The Tragic Beauty of Google+

Willy Staley

The Thrill of Visiting Japan … And Thinking You’re in Ireland

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Web Sites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other Web sites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Voices is edited by Beth Callaghan.