Tag Archives: Circuit City

Circuit City Gets a Bailout

Posted on November 11, 2008 by Sung
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0savesSave When did I become a Circuit City blog? After Circuit City filed for Chapter 11 bankruptcy, Bank of America swooped in to give them a loan that will likely keep CC going through the holiday season. The loan, worth … Continue reading →

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Circuit City Files For Bankruptcy

Posted on November 10, 2008 by Sung
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0savesSave Despite closing 155 stores, Circuit City was not able to avoid filing bankruptcy. This doesn’t come as a shock to anyone. They have lost $5 billion in stock market value over the past two years. Best Buy is apparently … Continue reading →

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Circuit City Closes 155 Stores

Posted on November 3, 2008 by Sung
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0savesSave Circuit City, who was valued at one point in 2006 for $25 a share, was offered to be bought by Best Buy for around $12 a share back in January. They refused and right now is facing bankruptcy at … Continue reading →

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