Best Buy founder Richard Schulze to sell stock
Best Buy's founder and largest shareholder, Richard Schulze plans to sell an undisclosed amount of his stock in the consumer electronics retailer.
In a regulatory filling, Best Buy says the planned sales are part of an effort by Schulze to diversify his investments.
Schulze holds about 70 million shares of Best Buy. That's about a fifth of the company's stock.
Gallery
Create a More Connected Minnesota
MPR News is your trusted resource for the news you need. With your support, MPR News brings accessible, courageous journalism and authentic conversation to everyone - free of paywalls and barriers. Your gift makes a difference.