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3Vote!

Circuit City allows Blockbuster, shareholder Icahn to review books; promises board changes

... 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 is our hope that the due diligence process will reinforce both the strategic and financial...

+Vote!

Circuit City Will Open Its Books for Blockbuster

... 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 agreement with Circuit City. (c) 2008 Daily Breeze. Provided by ProQuest...

1Vote!

Retailer yields, hangs 'For Sale' sign

... 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 City is going to have make a better case that it is still viable and...

1Vote!

Circuit City opening books to Blockbuster

... 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 agreement with Circuit City."While it is our hope that the due diligence...

1Vote!

Circuit City allows Blockbuster, Icahn to review books

Last updated May 9, 2008 12:25 p.m. PTCircuit City allows Blockbuster, Icahn to review booksBy MICHAEL FELBERBAUMASSOCIATED PRESS WRITER In this July 23, 2008 file photo, customers enter a Blockbuster video store in Dallas. Circuit City Stores says it received a letter Friday, May 9, 2008, stating Blockbuster's largest shareholder Carl Icahn is prepared to buy the company if Blockbuster does...

+Vote!

Circuit City allows Blockbuster, Icahn to review books

... 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 agreement with Circuit City."While it is our hope that the due diligence...

+Vote!

Circuit City allows Blockbuster, Ichan to review books; promises board changes

... 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 agreement with Circuit City."While it is our hope that the due diligence...

+Vote!

Icahn can buy Circuit City if Blockbuster can't

... doubts Blockbuster could finance the deal and has resisted opening its books.Blockbuster said in a statement Friday that it was pleased to reach a “due diligence” agreement with Circuit City.“While it is our hope that the due diligence process will reinforce both the strategic and financial rationale behind the deal, we are committed to only doing a transaction that provides substantial...

1Vote!

Carl Icahn Prepared To Buy Circuit City

... Blockbuster could finance the deal and has resisted opening its books. Blockbuster said in a statement Friday that it was pleased to reach a due diligence agreement with Circuit City. "While it is our hope that the due diligence process will reinforce both the strategic and financial rationale behind the deal, we are committed to only doing a transaction that provides substantial benefits...

+Vote!

Icahn: I'll buy Circuit City if Blockbuster can't

... doubts Blockbuster could finance the deal and has resisted opening its books.Blockbuster said in a statement Friday that it was pleased to reach a due diligence agreement with Circuit City."While it is our hope that the due diligence process will reinforce both the strategic and financial rationale behind the deal, we are committed to only doing a transaction that provides substantial benefits...

+Vote!

Icahn prepared to buy Circuit City if Blockbuster cannot get financing, shareholder approval

... doubts Blockbuster could finance the deal and has resisted opening its books.Blockbuster said in a statement Friday that it was pleased to reach a due diligence agreement with Circuit City."While it is our hope that the due diligence process will reinforce both the strategic and financial rationale behind the deal, we are committed to only doing a transaction that provides substantial benefits...

+Vote!

Icahn prepared to buy Circuit City if Blockbuster can't

... doubts Blockbuster could finance the deal and has resisted opening its books.Blockbuster said in a statement Friday that it was pleased to reach a "due diligence" agreement with Circuit City."While it is our hope that the due diligence process will reinforce both the strategic and financial rationale behind the deal, we are committed to only doing a transaction that provides substantial...