Thursday, 3 Jul 2008 | Source: Reuters
(Reuters) - Blockbuster Inc <BBI.N>, which abandoned its
offer to buy Circuit City Stores Inc <CC.N> this week, may try
to acquire the electronics retailer later, the New York Post
said Thursday citing insiders.
Wednesday, 2 Jul 2008 | Source: CNBC.com
The Dow Jones Industrial Average shed 1.5 percent, ending the day firmly in bear-market territory. GM took a hit as one analyst raised the prospect of bankruptcy. Lehman Brothers rose.
Wednesday, 2 Jul 2008 | Source: CNBC.com
Stocks were back on the see-saw Wednesday, rising and falling with each new report or flinch in oil prices.
Wednesday, 2 Jul 2008 | Source: The Associated Press
Circuit City Stores Inc. plummeted to historic lows in trading Wednesday after Blockbuster Inc. withdrew its takeover bid, causing investors to question the consumer electronics retailer's future.
Wednesday, 2 Jul 2008 | Source: CNBC.com
Stocks were back on the see-saw Wednesday, rising and falling with each new report or flinch in oil prices.
Wednesday, 2 Jul 2008 | Source: Reuters
ATLANTA (Reuters) - Circuit City Stores Inc <CC.N> shares
sank as much as 16 percent on Wednesday after Blockbuster Inc
<BBI.N> abandoned its bid for the electronics retailer, saying
a deal was not in the movie rental company's best interest amid
current market conditions.
Wednesday, 2 Jul 2008 | Source: The Associated Press
Shares of Blockbuster Inc. and Circuit City Stores Inc. headed in opposite directions at market open Wednesday after the movie rental chain ended its bid to buy the big-box electronics retailer.
Wednesday, 2 Jul 2008 | Source: CNBC.com
Stocks were back on the see-saw Wednesday, rising and falling with each new report or flinch in oil prices.
Tuesday, 1 Jul 2008 | Source: The Associated Press
Circuit City Stores Inc. plummeted to historic lows in trading Wednesday after Blockbuster Inc. withdrew its takeover bid.
Tuesday, 1 Jul 2008 | Source: Reuters
SAN FRANCISCO (Reuters) - Blockbuster Inc <BBI.N> on
Tuesday abandoned its offer to buy electronics retailer Circuit
City Stores Inc <CC.N>, after weeks of investor speculation
that the deal was falling apart.
Tuesday, 1 Jul 2008 | Source: Reuters
Blockbuster Inc <BBI.N>, which abandoned its
offer to buy Circuit City Stores Inc <CC.N> this week, may try
to acquire the electronics retailer later, the New York Post
said Thursday citing insiders.
Tuesday, 1 Jul 2008 | Source: The Associated Press
Blockbuster Inc. said Tuesday it is withdrawing its proposal to buy Circuit City Stores Inc., the big-box electronics retailer whose sales have tumbled this year.
Friday, 27 Jun 2008 | Source: The Associated Press
Filling the gas tank is a higher priority than buying a flat-panel television, which is bad news for electronics retailers.
Thursday, 26 Jun 2008 | Source: The Associated Press
Standard & Poor's CapitalIQ tracks deal spreads, or the difference between the offer price and the deal's current value. CapitalIQ reports that in June the following five buyouts had the highest spreads, as of June 4.
Tuesday, 24 Jun 2008 | Source: Reuters
ATLANTA (Reuters) - Retailer Circuit City Stores Inc <CC.N>
has received buyout interest from several strategic and
financial bidders, including movie-rental company Blockbuster
Inc <BBI.N>, and a sales agreement could be announced over the
next month, an institutional investor said on Tuesday.