NYSE:BBYSpecialty Retail
Potential GameStop Bid Puts Best Buy’s Role And Options In Focus
Speculation has picked up that GameStop could be eyeing Best Buy (NYSE:BBY) for a major acquisition after GameStop management flagged interest in a "very, very, very big" deal.
Commentary from GameStop about pursuing efficiency focused acquisitions has put Best Buy back in the spotlight as a potential target.
The idea of a tie up between the two specialty retailers is drawing fresh attention to Best Buy's role in consumer electronics and services.
Best Buy shares recently closed at $64.31,...