(Credit: Greg Sandoval/CNET)
Best Buy said today that its founder, Richard Schulze, is returning to the company as chairman emeritus.
Schulze is also bringing with him a pair of new members for Best Buy's board of directors, former company executives Brad Anderson and Al Lenzmeier. The two are joining the board immediately and then will stand for election at the annual shareholder meeting in June, Best Buy said.
It wasn't so long ago that Schulze was trying to acquire Best Buy and take it private. Last August, he submitted an offer of between $24 and $26 a share to buy the approximately 80 percent of company shares he didn't already own. Talks on that proposal reportedly came to an end last month.
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