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Cathy Wurzer and Martin Moylan
ST. PAUL, Minn.

Schulze faces another deadline to make a bid for Best Buy

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Best Buy founder Richard Schulze has today and tomorrow to finalize a bid for the company he led for more than four decades.

The latest window for him to make an offer for the company closes with the end of February. But he got a little breathing room from the company yesterday, the same day the company announced 400 job cuts, mostly at the Richfield headquarters.

MPR's Cathy Wurzer spoke with reporter Martin Moylan who has been following the Best Buy saga.