Best Buy Buyout?

Bloomberg floats possibility of private-equity takeout of electronics firm

January 5, 2012 at 8:20PM

Could Best Buy be a great buyout candidate?

Bloomberg floats that possibility, citing the Richfield-based retailer's strong cash flow (thought it remains to be seen how strong that will be after the holiday season, which has featured deep promotional spending).

Here's the nut graf, but the full story is definitely worth a read:

Best Buy declined to comment on the speculation.

Of course, some private equity deals for other retailers - Sears, Musicland, Wilson's Leather, to name just a few - haven't worked out too well in recent years.

about the writer

about the writer

Eric Wieffering

Deputy Managing Editor | Enterprise and Investigations

Eric Wieffering, deputy managing editor for enterprise and investigations, works with reporters and editors across the newsroom on short- and longer-term enterprise stories.

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