Best Buy founder can fill 2 board seats

03/17/2013 | Star Tribune (Minneapolis-St. Paul, Minn.)

Best Buy founder Richard Schulze has until Oct. 31 to name up to three candidates for two seats on the retailer's board of directors, under a deal the 20% shareholder negotiated with the company. Schulze is allowed to nominate himself for one of the seats, but may opt to remain an outsider to leave open the possibility of reviving a plan to assemble a group to buy the company, experts say.

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Star Tribune (Minneapolis-St. Paul, Minn.)

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