The stock price tells the basic story. If investors believed that Best Buy founder Richard Schulze was likely to succeed with the plan he unveiled yesterda.Aug 6 - Fitch Ratings has downgraded Best Buy Co., Inc.'s (Best Buy) Issuer Default Rating (IDR) to 'BB+' from 'BBB-', and has placed the company's ratings on Rating Watch Negative. As of May 5, 2012, Best Buy had $2.0 billion of debt outstanding. AThe stock price tells the basic story. If investors believed that Best Buy founder Richard Schulze was likely to succeed with the plan he unveiled yesterda.(“Best Buy” or the “Company” ) (NYSE: BBY) for potential breaches of fiduciary duties in connection with their conduct related to the proposed buyout of the Company by its Founder and former Chairman, Richard Schulze, who is currently Best Buy'sHe has a 20 percent stake in Best Buy, but Minnesota laws make it difficult for hostile takeovers, reports Steven Davidoff for DealBook. He gives a few reasons why: *A team of directors has to sign off before anyone acquires
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