Daily Marauder

MISC

While cautioning that its actions do not necessarily foretell the company’s direction, Circuit City said it would open its books to Blockbuster and its largest investor, Carl Icahn, after receiving written assurances from the billionaire that he would pursue a takeover of the struggling chain even if Blockbuster’s bid collapses. Circuit City also said that it had retained Goldman Sachs to review its options after Blockbuster’s April offer of $6 to $8 a share to buy the retailer. (ClipSyndicate/Bloomberg 5/9, USA TODAY 5/11, The Washington Post 5/10)

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