How will Blockbuster finance its takeover plan?
CEA SmartBrief | 01/12/2009
Given that Circuit City is calling on Blockbuster to prove it can finance its planned takeover of the electronics retailer, several sources close to the matter say the video-rental chain is looking at several options, including an existing debt facility, selling some assets or leveraging Circuit City's balance sheet. Wall Street Journal, The (subscription required) (04/21)
Disclaimer: Do not buy or sell based on my recommendation. I am not your financial advisor .My recommendations are based on my intuition, research or both and may be right or wrong.