Blockbuster calls the Circuit City merger off, asks for class ring back
Filed under: Misc. Gadgets
It looks like the potential lovefest that might have been the Blockbuster and Circuit City mashup has drifted away as quickly as it appeared. “Based on market conditions and the completion of our initial due diligence process, we have determined that it is not in the best interest of Blockbuster’s shareholders to proceed with an acquisition of Circuit City,” said Jim Keyes, head-pimp at B-Buster. We can’t be sure what the result was with Circuit City shareholders or employees, but we’re willing to bet it didn’t look anything like that Best Buy rap video. One more time, after the break.
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Original post by Joshua Topolsky
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