Thomas Lee

Delay a sign that company "is absolutely open to an offer." At the behest of the company, Best Buy and its founder agreed to extend the deadline for a buyout bid until February.

Updated: December 14, 2012, - 11:12 PM

With takeover bid near, Best Buy stock jumps

Richard Schulze faces a Dec. 16 deadline to submit a bid the board of directors.

Updated: December 13, 2012, - 09:28 PM

Schulze is expected to make his bid for Best Buy this week

Facing a deadline on Dec. 16, Best Buy's founder will formally try to take the company private by Saturday, source says.

Updated: December 13, 2012, - 09:10 AM

A Best Buy boost falls flat

The electronics retailer had hoped the new Windows 8 operating system would bump up sales of PCs, notebooks and tablets.

Updated: December 03, 2012, - 07:48 PM

Target and Neiman Marcus: Tag team for the holidays

Their store-in-a-store collaboration blends cheap chic with a top name in luxury.

Updated: December 01, 2012, - 04:29 PM

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Thomas Lee

Recent content from Thomas Lee

Holiday sales were ho-ho-hum at Target

2 exits from Best Buy's board will help Schulze

Mall of America takes steps to guard against repeat of melee

For retailers, little cheer after promising start

Best Buy's digital chief leaves for Symantec

Best Buy offer deadline postponed

With takeover bid near, Best Buy stock jumps

Schulze is expected to make his bid for Best Buy this week

A Best Buy boost falls flat

Target and Neiman Marcus: Tag team for the holidays

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