Blockbuster withdrew its February offer of $1 billion bid for troubled consumer electronics chain Circuit City on Tuesday. Blockbuster went public with its offer after initial overtures were ignored by Circuit City’s board. Blockbuster CEO James Keyes said in a statement -
“Based on market conditions and the completion of our initial due diligence process,
we have [...]

July 2nd, 2008 | supa | Comments | Continued