Richard Schulze

Founders Taking Their Firms Private: A New Wall Street Trend?

Barnes & Noble's Leonard Riggio, Dell's Michael Dell and Best Buy's Richard Schulze each want to save the troubled companies they founded from the pains of publicly traded life. But is this trend powered by sound thinking, or wishful thinking?

This May Be Best Buy's Last Hope

Best Buy founder Richard Schulze apparently isn't giving up on his dream of taking back his company. Reuters reports that Schulze and a consortium of at least four private equity firms are studying the struggling consumer electronics retailer's books to explore what sources say may be an $11 billion buyout.

Best Buy Buyout Is No Sure Thing

Shares of Best Buy soared Monday after founder Richard Schulze said he wanted to buy the company. In private hands, Best Buy would be able to attempt a turnaround outside of the public limelight, but it won't be easy to get to the fairy tale ending.