AFI BLOG: Media and Technology

News of interest to AFI, its partners and the technology community at large

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Blockbuster Seeks To Acquire Circuit City; At Least 54 Percent Premium

April 14th, 2008 · No Comments

PaidContent.org
Depending on how you look at it, they’re either doubling down on brick and mortar or waving the white flag on their core business… Video rental chain Blockbuster (NYSE: BBI) says it has made a $6 per share all-cash buyout offer for electronics retailer Circuit City, but that its efforts heretofore have been rebuffed. The [...]

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Tags: distribution · mergers/acquisitions