Best Buy stock was up noticeably in morning trading Thursday amid speculation that founder Richard Schulze would make a $5 billion to $6 billion offer yet this week to take the company private.
Best Buy share rise on takeover speculation
December 13, 2012 at 5:21PM
By late morning, shares were topping $14, up substantially from a Wednesday close of $12.20 per share.
DAVID PHELPS
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Target sponsored the event for 18 years, but the organization cut ties after the retailer scaled back its DEI efforts.