02.07.2008 05:05 Uhr, Quelle: MacNN

Blockbuster backs out of Circuit City offer

Video retailer Blockbuster tonight said it has withdrawn its offer to buy Circuit City. The company provides few details as to the reason for its sudden exit but says that a combination of "market conditions" and the process of due diligence, or examining the health of Circuit City as a business, have led it to believe that a takeover of the elect

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