NEW YORK (Reuters) - Best Buy Co Inc
Under the proposal, Leonard Green Partners, Cerberus Capital Management and TPG Capital would have each received a seat on the board of the world's largest electronics retailer, the sources said, asking not to be named because they were not authorized to speak to the media.
A Best Buy spokesman declined to comment. Calls to Leonard Green and Cerberus were not immediately returned. TPG declined to comment.
(Reporting By Jessica Toonkel; Editing by Gerald E. McCormick)
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