Counter Culture

Now that Blockbuster is no longer interested in acquiring Circuit City, what is next for the electronics chain?

Blockbuster and its major shareholder Carl Icahn backed out of their $1-billion-plus offer after Circuit City opened its books for the suitors. Apparently, they didn’t like what they saw.
Continue reading ‘What’s Next For Circuit City?’

It seems that Circuit City’s management was just as surprised as we were about a proposed $1.3-billion offer to acquire the company by Blockbuster.

We were weighing a possible deal last week after reading a Business Week article but didn’t expect this.
Continue reading ‘Blockbuster’s Circuit City Surprise’