Blockbuster may do Circuit deal later: report

Blockbuster Inc (BBI.N: Quote, Profile, Research), which abandoned its offer to buy Circuit City Stores Inc (CC.N: Quote, Profile, Research) this week, may try to acquire the electronics retailer later, the New York Post said Thursday citing insiders.

One source told the paper that Blockbuster "verified the long-term benefits of a deal," and added that a there was a "real opportunity" to cut costs in combining the two chains' operations.

"Management didn't really put its case in front of shareholders yet," the source told the paper.

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- Posted: 2008-07-03 09:14:12

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