Apparently it does. And I'm not the only one who thinks so.
Blogging Stocks' Brian White does a great job of making the point:
Blogging Stocks: Circuit City being primed for a buyout by Mark Wattles?
Blogging Stocks' Brian White does a great job of making the point:
Blogging Stocks: Circuit City being primed for a buyout by Mark Wattles?
Wattles, who built Hollywood Video into a powerful force in the video rental market and an entertainment industry veteran, could be interested in Circuit City since the retailer is primed for an acquisition soon. After announcing disastrous December sales and a plethora of bad news, Circuit City is on the ropes and its CEO may be shown the door soon.
If it looks like a duck and quacks like a duck, it's probably a duck. Wattles is better known as a businessman than as a breakup artist, so it sure looks like a takeover to me.
Watch this space.
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