Circuit City gives up the fight

[Fat_boy 10+ year member]

After months of rebuffing a potential buyout from Blockbuster, the consumer-electronics retailer effectively put itself up for sale, allowing the video-rental chain and its largest shareholder, billionaire Carl Icahn, to review its books.

And there it is folks...Pulled from MSN news

http://articles.moneycentral.msn.com/Investing/Extra/CircuitCityGivesUpTheFight.aspx

Click to read more...

 

[Buck 5,000+ posts]

???

 

[Supergumby5000 5,000+ posts]

so?

 

[req 5,000+ posts]

who cares, CC sucks anyway.

 

[ljbaron 10+ year member]

fvckin noob

 

[brtnboarder3241 5,000+ posts]

who cares, CC sucks anyway.

qft

 

[Fat_boy 10+ year member]

Im glad to see it go, and thought you would be too..so....bite me..

was trying to put some hapiness in your day

 

[peas247 10+ year member]

fail

 

[Injected54 10+ year member]

Im glad to see it go, and thought you would be too..so....bite me..
was trying to put some hapiness in your day

 

[SRim23 5,000+ posts]

i doubt the company is going to "go" anywhere. sure youll see some CC's close but like any other buyout youll see some sort of a merge of the two.

its really blockbuster trying to prevent bankruptcy than CC anyway. at the beginning of the year they announced they would be phasing out being a rental company and pursue other things like electronics. this is apparently how they decided to do that

 

[Ed Lester 10+ year member]

They will just be revamping stores and closing some to build others but this will be over 5 years. And that is only if they actually buy CC. Mo deal has been made yet. CC will still be around for years to come.