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Icahn prepared to buy Circuit City if Blockbuster can't
nwsource.com May 9, 2008
Consumer electronics retailer Circuit City Stores said Friday that it will allow Blockbuster to review its books in connection with the video-rental chain's bid to buy the company. ... Circuit City also revealed that it received a letter from Blockbuster indicating that...
Circuit City looks for a suitor, Blockbuster likely to be it
yahoo.com 5 hrs ago
Filed under: Misc. Gadgets, Gaming notably sufficient, the far-fetched proposal is apt to be accepted. Circuit City has reportedly solicited the services of Goldman Sachs to help “negotiate a deal,” which will essentially put the troubled ... ... is apt to be accepted....
Carl Icahn interested in acquiring Circuit City
techwhack.com 9 hrs ago
Carl Icahn interested in acquiring Circuit City US based retailing chain Circuit City Stores has said that they are fine with giving access to their books to Blockbuster for reviewing as they have shown interests in acquiring them. The company added that billionaire investor Carl Icahn is also...
Circuit City Merger Blockbuster Likely
freemarketnews.com 9 hrs ago
Circuit City has hired Goldman Sachs to help it with a likely merger with Blockbuster. ... Sunday, May 11, 2008 - FreeMarketNews.com Circuit City is finally throwing in the towel. Confronted with weak sales, impatient shareholders, and a U.S. consumer pummeled by...
Circuit City to Allow Blockbuster to Complete Due Diligence
bigblog.com 12 hrs ago
Circuit City will allow Blockbuster and its largest shareholder Carl Icahn access to the retailers financial records allowing the latter to complete due diligence for a possible acquisition. ... Circuit City will allow Blockbuster and its largest shareholder Carl Icahn...
Circuit City considers take over bid from Blockbuster
dcealumni.com yesterday
Circuit City considers take over bid from Blockbuster The largest shareholder of Blockbuster, billionaire investor Carl Icahn sent a letter to Circuit City that said that if Blockbuster is unable to get the bid of Circuit City, he will himself get the finance to buy it. The share of Circuit city...
Circuit City gets closer to a sale
telegram.com yesterday
RICHMOND, Va. - Circuit City Stores Inc. yesterday gave in to pressure from activist shareholders, essentially putting itself up for sale and agreeing to nominate dissident directors to its board. ... RICHMOND, Va.— Circuit City Stores Inc. yesterday gave in to pressure...
Circuit City allows Blockbuster, shareholder Icahn to review books; promises board changes
startribune.com yesterday
By MICHAEL FELBERBAUM , Associated Press RICHMOND, Va. - Circuit City Stores Inc. on Friday gave in to pressure from activist shareholders, essentially putting itself up for sale and agreeing to nominate dissident directors to its board. The electronics retailer announced...
Zhjondon commented on "Circuit City agrees to due diligence in Blockbuster's bid"
marketwatch.com yesterday
Zhjondon's MarketWatch story recommendations will appear here. Any MarketWatch story can be recommended by clicking the stars at the top of the story. ↓ Story: Circuit City agrees to due diligence in Blockbuster's bid (23 minutes ago) Depending on how well thought out the...
Circuit City gets ready for offers
signonsandiego.com yesterday
Circuit City Stores, pressured by investors to raise its stock price, put itself up for sale yesterday and opened its books to Blockbuster and billionaire Carl Icahn to prepare for a possible offer. Blockbuster made an unsolicited bid of $6 to $8 a share for Circuit City in February, provided it...
Circuit City Opens Its Books to Blockbuster
the-dispatch.com yesterday
The electronics chain #x2019;s move is a shift from its initial, highly skeptical stance toward Blockbuster #x2019;s unsolicited takeover bid. ... Circuit City, which has been struggling with slower sales growth, has been skeptical of financing for a takeover bid. Steve...