Not that Best Buy couldn't use a deep pocketed partner. Earlier this year, company founder Richard Schulze was working on plans to re-acquire his brain child, but a deal could not be worked out. The company's shares have recently risen by 25% which has spurred rumors that some entity or person was interested in Best Buy.
Samsung's official blog parroted the statement we received from Best Buy denying any acquisition talks between the two companies. And just like that, another rumor goes up in smoke.