Best Buy May Use More Debt Than Average LBO

Best Buy founder Richard Schulze is considering a takeover structure for the electronics retailer that would leave it with more debt than a typical buyout, said people with knowledge of the matter.

Credit Suisse, Schulze’s financial adviser, has told Schulze that he can raise $6.5 billion to $7 billion in debt for a deal, and $2.5 billion to $3 billion in equity. Schulze last week offered to buy the company for $24 to $26 a share, or as much as $9.5 billion, including net debt.

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