Best Buy: A Big Deal to Watch in 2013

With a “fiscal cliff” looming and reports of a lost year in holiday season retail sales, dealmakers face an uncertain outlook for 2013 after a forgettable year in mergers and acquisitions.

Still, with earnings and stock markets continuing to trend upward alongside a recovering U.S. economy there’s reason for optimism that the New Year may revive animal spirits and push corporations and private-equity giants into acquisitions.

Investors should watch a near half-year takeover drama for struggling electronics retailer Best Buy as a proxy for the M&A market headed into 2013

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