Submitted by Craig Hsueh on Mon, 2008/04/21 - 08:56.
Circuit City is demanding that Blockbuster prove it can finance an all-cash offer before proceeding with takeover negotiations. According to today's Wall Street Journal ($$), the big question is how Blockbuster will do that.
Circuit City Wants Blockbuster To Show Them The Money
Circuit City is demanding that Blockbuster prove it can finance an all-cash offer before proceeding with takeover negotiations. According to today's Wall Street Journal ($$), the big question is how Blockbuster will do that.