Richard W. Painter
S. Walter Richey Professor of Corporate Law

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.