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Merger setback? Blockbuster cannot finance Circuit City acquistion

by Indraneel Purohit on Apr 25, 2008 at 04:31 PM

As we previously reported, video rental giant Blockbuster has been looking to acquire electronics giant Circuit City. Blockbuster has already offered a whopping $1 billion, but reports are flying in, saying that they cannot fund such a hefty offer. In an official statement from the company, Circuit City said: “Circuit… Continue Reading »

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