Best Buy boner

Best Buy won’t be coming home to daddy, after all.  Dick Schulze, the Minnesota entrepreneur who created the nation’s biggest electronics chain 30 years ago, has all but given up his bid to take the company private, sources told The Post.  The 71-year-old former chairman of the chain has been scrambling since last summer to corral a team of buyout firms to acquire Best Buy in a deal valued at upwards of $8 billion.

Private-equity firms, however, have been on the fence about a full-fledged takeover, concerned about the risks of piling as much as $6 billion of debt atop an already struggling retailer.  PE players are instead considering the purchase of a minority stake, a sign, people close to the situation said, of optimism about the company’s turnaround prospects….

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