Circuit City May Combine With Blockbuster To Create An Even Bigger Investor Sink Hole

Circuit City Gives Up the Fight: "y"

From a Business Week story:
"The moves almost certainly presage a sale of the chain, likely to Blockbuster (BBI), where Carl Icahn has stepped up and agreed to finance (BusinessWeek.com, 5/9/08) a Circuit City acquisition. The billionaire—Blockbuster's largest shareholder—has bought into a "game-changing" scheme announced last month in which the troubled electronics retailer would be combined with the troubled movie retailer to create a new national chain selling consumer hardware and software."

Alternate reading: in which the troubled electronics retailer would be combined with the troubled movie retailer to create 'a troubled movie and electronics retailer'.

Sinkhole