Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Tuesday, April 15, 2008

No One Likes Blockbuster's Bid for Circuit City

Circuit City doubts that Blockbust can find the financing for its $1 billion cash hostile bid, and Wall St. thinks Blockbuster has enough financial problems already.  James W. Keyes, Blockbuster CEO, says Carl Icahn's support for the deal is key.  NYTimes, Hostile Blockbuster Bid Scorned by Circuit City ; WSJ, A Blockbuster Raid on Circuit City.

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