The two-day process of auctioning off embattled electronics retail chain Circuit City has begun today. The firm’s miscellaneous assets, which include property, inventory, internet businesses and the firm’s own company airplanes, will be the first components of the operation to be sold.
It is understood Asda parent Wal-Mart is among the interested parties.
According to Twice, it is still hoped that the retailer can continue trading following an deal with a ‘white knight’ bidder.
Advertisement
Related Stories
- The US and China are responsible for 40 per cent of global hacks Feb 2nd 2012 at 6:37AM
- US moves to scrap overtime for IT workers Dec 2nd 2011 at 12:14PM
- Google Music launches in the US Nov 16th 2011 at 11:37PM
- Google admits giving out EU user data Aug 11th 2011 at 1:42PM
- US ISPs agree to disconnect file sharers Jul 11th 2011 at 12:50PM
- VIP sets sights on overseas expansion Jun 9th 2011 at 2:40PM
- Is cyber security a government priority? Jun 2nd 2011 at 2:40PM
- Pricing leaked for Blackberry Tablet Feb 10th 2011 at 1:19PM
- Nokia rumoured to be eyeing US move Feb 8th 2011 at 1:19PM
- US Government eyes ?internet ID? Jan 10th 2011 at 4:04PM
Follow Follow this article if you would like to receive notifications of updates.
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!