Circuit City filed for bankruptcy, but the thing is, they(the shareholders) still want to make "some money" of what they are losing. Meaning, they're in a "restructuring period" right now. The assets still have some worth, so by getting another bigger company to buy their assets, they can still make some money, or else it would be a complete loss. Make sense?
Sort by:
Latest | Highest ratedCircuit City: Back from the Dead? [View article]