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Tampa Bay Online (Free subscription) | 05/10/2008
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.
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Seattle Times (Free subscription) | 05/09/2008
Circuit City Stores says it will allow Blockbuster to review its books in connection with the video-rental chain's bid to buy the consumer electronics retailer.
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MSNBC.com (Free subscription) | 05/09/2008
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.
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Information Week (Free subscription) | 05/09/2008
The consumer electronics retailer said it will allow billionaire activist investor Carl Icahn to review its books.
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InformationWeek - All Stories (Free subscription) | 05/09/2008
The consumer electronics retailer said it will allow billionaire activist investor Carl Icahn to review its books.
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Dallas Morning News (Free subscription) | 05/09/2008
"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, that the board has taken a position on the company's value or that it has settled upon a particular strategic course of action," he said in a statement.
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BetaNews (Free subscription) | 05/09/2008
Retailer Circuit City has secured Goldman Sachs to advise it on its future moves and confirmed it had received information on how a buyout by Blockbuster would be financed.
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CNN (Free subscription) | 05/09/2008
Icahn prepared to buy Circuit City if Blockbuster cannot get financing, shareholder approval
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Star Tribune (Free subscription) | 05/09/2008
RICHMOND, Va. - Circuit City Stores Inc. said Friday it will allow video-rental chain Blockbuster Inc., and its largest shareholder Carl Icahn, to conduct due diligence in connection with Blockbuster's bid to buy the consumer electronics retailer.Circuit City also said it received a letter from Icahn, a Blockbuster board member, saying he's prepared to buy the company if Blockbuster...
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Forbes (Free subscription) | 05/09/2008
Circuit City is finally allowing its insides to be examined. On Friday Circuit City Stores (nyse: ) said it opened its books to would-be suitor Blockbuster) and the rental chain's largest shareholder, activist investor . The electronics chain also revealed a letter from Blockbuster which said that if it was unable to receive financing or shareholder approval for the deal, Icahn is waiting...
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Forbes (Free subscription) | 05/09/2008
Looks like Circuit City is starting to say "deal" after months of saying "no."On Friday Circuit City Stores (nyse: ) said it opened its books to would-be suitor Blockbuster) and the rental chain's largest shareholder, activist investor . The electronics chain also revealed a letter from Blockbuster which said that if it was unable to receive financing or shareholder approval for the deal,...
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atHome Top Story (Free subscription) | 05/10/2008
Circuit City Stores Inc. reversed course yesterday and put itself up for sale. The electronics chain said it would open its books to suitor Blockbuster Inc. and the movie-rental company's largest shareholder, billionaire investor Carl Icahn.
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The Register (Free subscription) | 05/10/2008
Of course you can look at our books, Mr. Corporate Raider, sir Circuit City's days as an independent are numbered. The ailing US electronics retailer last month received an unsolicited bid from Blockbuster, the ailing video store operator.…