I wrote about Best Buy (NYSE: BBY) here, noting the company’s strong free cash flows and shareholder friendly track record. Today Bloomberg ran an article about how cheap BBY has become and the potential for an LBO:
For private equity buyers looking for a retailer that throws off the most cash, there’s no bigger bargain than Best Buy (BBY) Co.
After losing almost a third of its market value in 2011, the world’s largest seller of consumer electronics was valued . . .