With the founder of Best Buy announcing on Thursday that he was resigning immediately and potentially selling off his 20.1 percent stake in the company, many have been wondering whether the beleaguered electronics retailer may be sold.
It might be a tempting proposition for a potential buyer, like a private equity firm. But at least one analyst doesn’t think such a sale is likely, as potentially attractive as it may be.
- Best Buy Founder and Chairman Quits (247wallst.com)
- Where Private Equity Firms and Personal Loans Collide (loans.org)
- 13 Journalists Who Keep You Current in the Private Markets (axialmarket.com)
- Goldman Sells $1.2B of Its Controversial Kinder Morgan Stake (nadernazemi.com)
- Private equity may owe Obama a debt of gratitude (blogs.reuters.com)
- Study: More buyouts succeed in ‘red states’ (finance.fortune.cnn.com)
- Talbots Sinks 35% As Sycamore Buyout Falls Through (blogs.barrons.com)
- Buyout Kings Size Up Their Sector, the Elections and Europe (dealbook.nytimes.com)