On Tuesday, Blockbuster issued a statement that the company has “decided to withdraw its proposal to acquire Circuit City.” The release quoted company chairman and CEO, Jim Keyes:
“Based on market conditions and the completion of our initial due diligence process, we have determined that it is not in the best interest of Blockbuster’s shareholders to [...]
[url=http://www.hdtvmagazine.com/columns/2008/07/hdtv_almanac_blockbuster_bags_circuit_city_deal.php]Read Column[/url]
HDTV Almanac - Blockbuster Bags Circuit City Deal
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alfredpoor
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