PrntRhd
03-27-2007, 10:17 PM
Best Buy buying Speakeasy for $97 million:
http://www.speakeasy.net/press/pr/pr032707.php
The Speakeasy management team brings substantial industry and international experience to Best Buy. Bruce Chatterley, the company's CEO, plans to continue in his current role upon the close of the acquisition and will report to David Hemler, vice president, who has oversight for Best Buy For Business, the strategic business unit of Best Buy that is dedicated to serving the needs of small businesses. In addition to Chatterley, the entire Speakeasy executive team will remain with the company.
A good company, a lot of good people will lose their jobs.
I have seen this type of purchase before, it is hard to make the transition for the senior executives, many will leave.
http://www.speakeasy.net/press/pr/pr032707.php
The Speakeasy management team brings substantial industry and international experience to Best Buy. Bruce Chatterley, the company's CEO, plans to continue in his current role upon the close of the acquisition and will report to David Hemler, vice president, who has oversight for Best Buy For Business, the strategic business unit of Best Buy that is dedicated to serving the needs of small businesses. In addition to Chatterley, the entire Speakeasy executive team will remain with the company.
A good company, a lot of good people will lose their jobs.
I have seen this type of purchase before, it is hard to make the transition for the senior executives, many will leave.