from the escaping-those-annoying-shareholders dept.
zacharye writes "Best Buy founder and the company's largest shareholder Richard Schulze has offered as much as $8.5 billion to take the company private. Schulze had been rumored to be preparing a takeover offer for some time, and he recently assembled a team of executives that will run the company if his buyout offer is approved. His offer amounts to between $24 and $26 per share, a premium of as much as 47% over Best Buy's stock price at Friday's close."
...when fits of creativity run strong, more than one programmer or writer has
been known to abandon the desktop for the more spacious floor.
- Fred Brooks, Jr.