Simpson Thacher Represents Best Buy in Proposal by Best Buy’s Founder to Acquire Company
08.28.12
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The Firm is representing Best Buy Co., Inc.’s (NYSE: BBY) board of directors in connection with a proposal by Richard Schulze, the founder and former Chairman of Best Buy, to acquire all of the outstanding shares of the company that he does not already own and take the company private.
The Simpson Thacher team includes Alan Klein, Eric Swedenburg and Phil Buffa (M&A) and Glenn Reiter (Capital Markets).