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Star Tribune (Free subscription) | 05/10/2008
... "These actions today, the board felt, were in the shareholders' best interest."But Chief Executive Philip J. Schoonover cautioned about reading too much into the current state of the discussions, saying the board has "confidence in the company's ability to successfully implement its turnaround plan."Blockbuster said it was pleased to reach an agreement with Circuit City."While it...
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Red Orbit (Free subscription) | 05/10/2008
... "These actions today, the board felt, were in the shareholders' best interest."But Chief Executive Philip J. Schoonover cautioned about reading too much into the current state of the discussions, saying the board has "confidence in the company's ability to successfully implement its turnaround plan."In a statement Friday, Blockbuster said that it was pleased to reach a due diligence...
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News & Observer (Free subscription) | 05/10/2008
... to its shareholders seriously," Circuit City spokesman Bill Cimino said.But chief executive Philip J. Schoonover cautioned about reading too much into the current state of the discussions, saying the board has "confidence in the company's ability to successfully implement its turnaround plan."While sale of the company to Blockbuster or others isn't necessarily inevitable, Circuit...
1Vote!
Cincinnati Enquirer (Free subscription) | 05/10/2008
... "These actions today, the board felt, were in the shareholders' best interest."But Chief Executive Philip J. Schoonover cautioned about reading too much into the current state of the discussions, saying the board has "confidence in the company's ability to successfully implement its turnaround plan."In a statement Friday, Blockbuster said that it was pleased to reach a due diligence...
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Hacking NetFlix (Free subscription) | 05/09/2008
... obtaining. The WSJ also posted the letter from Keyes to Circuit City Chairman, President and CEO Philip J. Schoonover, requesting due diligence. Blockbuster issued a press release to announce that Circuit City has agreed to allow Blockbuster to conduct due diligence.
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Seattle Times (Free subscription) | 05/09/2008
... "These actions today, the board felt, were in the shareholders' best interest."But Chief Executive Philip J. Schoonover cautioned about reading too much into the current state of the discussions, saying the board has "confidence in the company's ability to successfully implement its turnaround plan."In a statement Friday, Blockbuster said that it was pleased to reach a due diligence...
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Star Tribune (Free subscription) | 05/09/2008
... "These actions today, the board felt, were in the shareholders' best interest."But Chief Executive Philip J. Schoonover cautioned about reading too much into the current state of the discussions, saying the board has "confidence in the company's ability to successfully implement its turnaround plan."In a statement Friday, Blockbuster said that it was pleased to reach a due diligence...
1Vote!
Seattle Post-Intelligencer (Free subscription) | 05/09/2008
... "These actions today, the board felt, were in the shareholders' best interest."But Chief Executive Philip J. Schoonover cautioned about reading too much into the current state of the discussions, saying the board has "confidence in the company's ability to successfully implement its turnaround plan."In a statement Friday, Blockbuster said that it was pleased to reach a due diligence...
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MSNBC.com (Free subscription) | 05/09/2008
... City said the Icahn letter answered some questions related to the potential transaction. But Philip J. Schoonover, who is chairman, president and chief executive, cautioned about reading too much into the current state of the discussions.“Let me be clear that our decision to allow Blockbuster and Carl Icahn to conduct due diligence should not be taken as an indication that the board...
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Information Week (Free subscription) | 05/09/2008
... shareholders," Blockbuster said in a statement Friday. Circuit City's chairman and chief executive Philip J Schoonover said the agreement to allow access to its books by Blockbuster avoids "a costly and disruptive proxy contest" but he indicated that the Circuit City board is still evaluating the Blockbuster proposal. "the Circuit City board has confidence in the company's ability...
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InformationWeek - All Stories (Free subscription) | 05/09/2008
... shareholders," Blockbuster said in a statement Friday. Circuit City's chairman and chief executive Philip J Schoonover said the agreement to allow access to its books by Blockbuster avoids "a costly and disruptive proxy contest" but he indicated that the Circuit City board is still evaluating the Blockbuster proposal. "the Circuit City board has confidence in the company's ability...
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Examiner (Free subscription) | 05/09/2008
... City said the Icahn letter answered some questions related to the potential transaction. But Philip J. Schoonover, who is chairman, president and chief executive, cautioned about reading too much into the current state of the discussions."Let me be clear that our decision to allow Blockbuster and Carl Icahn to conduct due diligence should not be taken as an indication that the board...
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The Huffington Post (Free subscription) | 05/09/2008
... and Icahn to conduct additional due diligence. But Chairman, President and Chief Executive Philip J. Schoonover cautioned about reading too much into the current state of the discussions. "Let me be clear that our decision to allow Blockbuster and Carl Icahn to conduct due diligence should not be taken as an indication that the board has completed its review of the Blockbuster proposal,...
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CNN (Free subscription) | 05/09/2008
... and Icahn to conduct additional due diligence.But Chairman, President and Chief Executive Philip J. Schoonover cautioned about reading too much into the current state of the discussions."Let me be clear that our decision to allow Blockbuster and Carl Icahn to conduct due diligence should not be taken as an indication that the board has completed its review of the Blockbuster proposal,...
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Star Tribune (Free subscription) | 05/09/2008
... and Icahn to conduct additional due diligence.But Chairman, President and Chief Executive Philip J. Schoonover cautioned about reading too much into the current state of the discussions."Let me be clear that our decision to allow Blockbuster and Carl Icahn to conduct due diligence should not be taken as an indication that the board has completed its review of the Blockbuster proposal,...