By: Benzinga
December 13, 2012 at 11:15 AM EST
Best Buy Pops Higher on Schulze Takeover Report
Shares of Best Buy (NYSE: BBY ) traded sharply higher, up about 18 percent on Thursday, after the Minneapolis Star Tribune reported that the company's founder and former chairman, Richard Schulze, is expected to make a bid to take the company private. Schulze resigned from his post on the
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