New York -- A Thursday report by the Minneapolis Star Tribune said that Best Buy Co. founder Richard Schulze is expected to make a fully financed offer of $5 billion to $6 billion by the end of the week to buy the retailer.
The newspaper cited an unnamed source for the report.
The bid would fall below Schulze’s August offer of up to $10.9 billion including debt.
Best Buy has not yet commented publicly on the report.
