Richard Schulze, the founder of Best Buy, offered to buy the electronics retailer on Monday for as much as $8.8 billion.
A deal near that price would be biggest ever buyout of an American retailer, according to S.&P. Capital IQ data, topping the $8.4 billion buyout of Toys “R” Us in 2005.
http://dealbook.nytimes.com/2012/08/06/best-buy-founder-offers-8-8-billion-to-buy-out-company/
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