Mark Wattles, founder of Wattles Capital Management, and Arvin Bhatia, an analyst at Sterne Agee & Leach Inc., talk with Bloomberg's Pimm Fox about a potential sale of Circuit City Stores Inc. Pressured by Wattles to raise its stock price, Circuit City put itself up for sale and opened its books to Blockbuster Inc. and billionaire Carl Icahn to prepare for a possible offer. Wattles owns 6.5 percent of Circuit City.
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Added: May 9, 2008 |
| Category: Business |
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