Prof. Painter Interviewed by MPR on Potential Bid for Best Buy
Professor Richard Painter was interviewed by Minnesota Public Radio for a story on the potential bid for Best Buy by its founder Richard Schulze. Painter said that such a bid could not be kept secret for very long because Mr. Schulze, who is already a major shareholder of Best Buy, would have to disclose his bid for the company under federal securities laws. According to the story, no such bid has been made to date.