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Best Buy Founder Makes $8.5 Billion Bid To Take Company Private
zacharye writes "Best Buy founder and the company's largest shareholder Richard Schulze has offered as much as $8.5 billion to take the company private. Schulze had been rumored to be preparing a takeover offer for some time, and he recently assembled a team of executives that will run the company if his buyout offer is approved. His offer amounts to between $24 and $26 per share, a premium of as much as 47% over Best Buy's stock price at Friday's close."
Actually this sort of garbage is why I refuse to go into a Worst Buy
A friend of mine recently had some problems with some SATA cables included with a case in a build he was doing for some family member. Nothing serious. The cables that came with the case were made with flimsy components and were only rated at 3 Gb/s. Rather than risk things he wanted to buy good cables and while he was at it he wanted the 6 Gb/s cables, because hell, why not?
Not only did Worst Buy not have any SATA cables, their 'senior geek squad representative' didn't understand that he didn't want Molex power cables for about 10 minutes. Then they offered to order them for him. Total cost for 2, count them TWO 18 inch SATA cables? $57.63, and it would be about a week before they arrived. Instead, be bought 10 (bulk pricing) cables off Newegg or Monoprice (can't recall) for less than 50 dollars including shipping, and they arrived just under 48 hours after submitting his order.
They are higher quality cables than what he could have ordered through Worst Buy, they arrived faster, it took him less than 3 minutes to make his purchase vs nearly a half hour of frustration, and they fucking glow in the dark.
Is there ANY good reason to go into that hellhole of a store?