The management of Circuit city has finally thrown in the towel, they will allow
Blockbuster to buy them out in a hostile takeover.
I suppose they will call the new company circuit buster
THE IDEA IS TO MERGE THE TWO CHAINS , WITH a mix of rentals and retail
in all.
Circuit could find no one else who would make a bid for the troubled company.
As for blockbuster, they are getting their butt kicked by netflix and vod.
LET ME MAKE A PREDICTION, these two will merge, the resulting stores will be a mess,
and the whole thing will sink faster than the Titanic.
And both will be gone, especially in todays slow market