Schulze Said to Envision More Debt Than Norm for Best Buy

Best Buy Co. founder Richard Schulze is considering a takeover structure for the electronics retailer that would leave the company with more debt than a typical buyout, said people with knowledge of the matter.

Credit Suisse Group AG, Schulze’s financial adviser, has told Schulze that he can raise $6.5 billion to $7 billion in debt for a deal, and $2.5 billion to $3 billion in equity, said the people, who asked not to be identified because the talks aren’t public. Schulze last week offered to buy the company for $24 to $26 a share, or as much as $9.5 billion, including net debt.