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Best Buy Company Inc. Board of Directors Under Investigation by Glancy Binkow & Goldberg LLP

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Best Buy Company Inc. Board of Directors Under Investigation by Glancy Binkow & Goldberg LLP Powered By Docstoc
					
				
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posted:8/7/2012
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Description: LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of Best Buy Company Inc. (“Best Buy” or the “Company”) (NYSE: BBY) related to the proposed acquisition of the Company by the Company’s founder, Richard Shulze (the “Offer”). The Offer is valued at approximately $8 billion, or between $24 and $26 per share. This investigation concerns whether the Board of Directors of Best Buy has breached its fiduciary a style='font-
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