Wattles says Blockbuster bid "looks attractive"
ATLANTA (Reuters) - Investor Mark Wattles, who has nominated five people to the board of Circuit City Stores (CC.N: Quote, Profile, Research, Stock Buzz), on Monday said billionaire investor Carl Icahn was willing to help fund Blockbuster Inc's (BBI.N: Quote, Profile, Research, Stock Buzz) proposed buyout of the electronics chain.
"I did get confirmation that he supported the transaction and (was) willing to put up capital to get the transaction done," Wattles said in a interview on the CNBC network.
Wattles, who has called for the ouster of Circuit City's chief executive, added that "the Blockbuster acquisition alternative certainly looks attractive at this point."
(Reporting by Karen Jacobs; editing by John Wallace)
© Thomson Reuters 2008 All rights reserved
Ads by Career Builder
Finance Manager - Retail
Details: ...opportunity for a Finance Manager. The Finance Manager will report...analysis. The qualified Finance Manager must have...
Finance Manager
Details: TITLE: Finance Manager SALARY...DESCRIPTION: The Finance Manager will...with an off-site finance department as...
Controller/Finance Director
Details: ...the position of Controller/Finance Director. Qualified individual must have a BS in Accounting/Finance with at least 5 year's experience...
Associate - Fixed Income Firm Financing
Details: ...individuals in the specialty skill areas of information technology, finance & accounting, human resources, engineering, pharmaceutical...




