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Best Buy Postpones Investors Meeting

October 31, 2012

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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