Best Buy has canceled its investors meeting in New York on Thursday.
The Richfield-based consumer electronics giant had hoped CEO Hubert Joly could outline his strategy to Wall Street before founder Richard Schulze makes an expected $8 billion to $10 billion bid to purchase the company.
Hurricane Sandy has pretty much interrupted those plans: Lower Manhattan, including Wall street, is still pumping out water
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Best Buy announced more executive changes Wednesday, as company president Mike Vitelli and chief administrative officer Tim Sheehan are both leaving the company.
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Best Buy's chief financial officer, Jim Muehlbauer, will leave the company early next year, the company said Tuesday. The company's new leadership will launch a search for a successor.