Best Buy Co Inc : * CEO says cost of investment by schulze and private equity determined to be excessive, dilutive to existing shareholders * CEO says company therefore concluded to not accept these offers
Best Buy Co., Inc. is a multinational retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances and related services. Shares of BBY traded higher by 5.67% or $0.931/share to $17.34. In the past year, the shares have traded as low as $11.20 and as high as $27.95. On average, 9963800 shares of BBY exchange hands on a given day and today's volume is recorded at 5284615.
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