Empresas y finanzas

No bid by Best Buy ex-chairman to come soon: source



    NEW YORK (Reuters) - Best Buy Co Inc's former Chairman Richard Schulze is not expected to present a buyout or other proposal to the company's board anytime soon, a person familiar with the situation said.

    Media reports said Schulze was close to presenting an offer for the consumer electronics chain. Discussions around a leveraged buyout of the company are still in the early stages, the person said.

    A representative for Schulze and Best Buy declined to comment.

    (Reporting By Nadia Damouni; Editing by Gerald E. McCormick)