Looks like Besy Buy Founder Richard Schulze wants out from the company. Richard Schulze won his case against the Best Buy Board for him to take control of company and then settle a buy from the company. When the Founder wants a buy out from the company they created, there could be problems with the company it self
Mr. Schulze and Best Buy’s board said Monday that they have agreed to terms under which Mr. Schulze will be granted access to the company’s financial information and allowed to recruit partners to pursue a buyout of the 1,400-store chain.
Mr. Schulze, who owns roughly 20% of Best Buy’s shares, has been working with Credit Suisse …