Tuesday, May 21, 2013
Best Buy Co. said it would consider the offer but called it "highly conditional." And analysts are skeptical that former Chairman Richard Schulze's opening offer of $24 to $26 per share would get a deal done.
State officials don’t want the plant closing in Canada to spread to other processors and leave Maine with a backlog of product.
The demonstrators believe the 21-turbine project is destroying a pristine ridgeline and has little environmental benefit.
Richard Schulze says he wants to pay between $24 and $26 per share for Best Buy, in the latest twist to the Minneapolis company's struggles to stay relevant as more and more people buy electronics online.