Circuit City Stores, Inc. Mergers and Acquisitions


Circuit City Stores, Inc.

9950 Mayland Drive
Richmond, VA 23233-1464
United States
Tel:1/804/527-4000
URL: http://www.circuitcity.com
Primary Symbol & Exchange:
CCTYQ - Common Stock - Pink Sheets
Industry:
Retailing Non-Food
Circuit City Stores, Inc. Company Snapshot

Circuit City Stores, Inc. Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Circuit City Stores, Inc. M&A History


Bell Canada acquires Source from Circuit City Stores Inc Bell Canada acquires  Source from Circuit City Stores IncJul 01, 2009

CANADA - Bell Canada, a unit of BCE Inc, acquired Source, a retailer of consumer electronics, from Circuit City Stores Inc, for CAD ### mil (USD ###.### mil). The transaction was subject to customary closing conditions.

Systemax Inc acquires Circuit City-E-Commerce Bus from Circuit City Stores Inc Systemax Inc acquires Circuit City-E-Commerce Bus from Circuit City Stores IncMay 19, 2009

US - Systemax Inc acquired the e-commerce business of bankrupt Circuit City Stores Inc (Circuit), a Richmond- based retailer of brand-name consumer electronics, personal computers and entertainment software, for USD ## mil in cash and an undisclosed amount in

Circuit City Stores Inc seeking buyer Circuit City Stores Inc seeking buyerJan 09, 2009

US - In January ####, Circuit City Stores Inc, a retailer of consumer electronics, personal computers and entertainment software, announced that it was seeking a buyer for the company. Golden Gate Capital was named potential bidder.

Ricardo Salinas Pliego acquires a minority stake in Circuit City Stores Inc Ricardo Salinas Pliego acquires a minority stake in Circuit City Stores IncNov 12, 2008

US - Ricardo Salinas Pliego acquired a #.###% stake, or #.# mil common shares, in Circuit City Stores Inc, a retailer of consumer electronics, for $#.## per share, or a total value of $#.### mil, in privately

Blockbuster Inc withdraws offer for Circuit City Stores Inc Blockbuster Inc withdraws offer for Circuit City Stores IncApr 14, 2008

US - Blockbuster Inc withdrew its plans to launch an unsolicited offer to acquire all the outstanding common stock of Circuit City Stores Inc (CC), a retailer of consumer electronics, for $# in cash per share, or a total value of

Mark J Wattles acquires a minority stake in Circuit City Stores Inc Mark J Wattles acquires a minority stake in Circuit City Stores IncJan 22, 2008

US - Mark J. Wattles acquired a #.##% stake, or ## mil common shares, in Circuit City Stores Inc, a retailer of consumer electronics, for an undisclosed amount in cash, in a privately negotiated transaction.

Circuit City Stores Inc seeking buyer for InterTAN Inc Circuit City Stores Inc seeking buyer for InterTAN IncMar 28, 2007

CANADA - In March ####, Circuit City Stores Inc announced that it was seeking a buyer for its InterTAN Inc unit, an owner and operator of retail consumer electronics and computer stores.

America Online Inc acquires MusicNow Inc from Circuit City Stores Inc America Online Inc acquires MusicNow Inc from Circuit City Stores IncNov 03, 2005

US - America Online Inc, a unit of Time Warner Inc, acquired MusicNow Inc, a provider of online digital music subscription services, from Circuit City Stores Inc. Terms were not disclosed.

Highfields Capital Mgmt LP withdraws offer for Circuit City Stores Inc Highfields Capital Mgmt LP withdraws offer for Circuit City Stores IncFeb 15, 2005

US - Highfields Capital Management LP made an unsolicited bid to acquire the remaining ##.#% interest, or ###.### mil common shares, which it did not already own, in Circuit City Stores Inc, a retailer of consumer electronics, for $##

One Liberty Properties acquires Circuit City-Retail Stores(5) from Circuit City Stores Inc One Liberty Properties acquires Circuit City-Retail Stores(5) from Circuit City Stores IncJan 20, 2005

US - One Liberty Properties Inc acquired # retail stores, located in Illinois, Tennesse, Missouri and Kentucky, of Circuit City Stores Inc, a retailer of consumer electronics, for an estimated $## mil in cash.

Bank One Corp,Chicago,IL acquires Circuit City Stores Inc-Credit from Circuit City Stores Inc Bank One Corp,Chicago,IL acquires Circuit City Stores Inc-Credit from Circuit City Stores IncMay 28, 2004

US - Bank One Corp, Chicago, Illinois, acquired the $#.# bil private-label credit card portfolio of Circuit City Stores Inc, an electronics retailer, for an estimated $### mil, based on the standard industry capitalization rate, or Leverage Rate, of #%.

Circuit City Stores Inc launches a tender offer for InterTAN Inc Circuit City Stores Inc launches a tender offer for InterTAN IncMay 20, 2004

CANADA - Circuit City Stores Inc (CC) acquired all the outstanding common stock of InterTAN Inc (II), an owner and operator of retail consumer electronic and computer stores, for ##.### Canadian dollars ($## US) in cash per share, or a

Circuit City Stores Inc acquires MusicNow Inc Circuit City Stores Inc acquires MusicNow IncApr 02, 2004

US - Circuit City Stores Inc acquired MusicNow Inc, a provider of music subscription services.

FleetBoston Financial Corp,MA acquires Circuit City-Bankcard Port from Circuit City Stores Inc FleetBoston Financial Corp,MA acquires Circuit City-Bankcard Port from Circuit City Stores IncNov 18, 2003

US - FleetBoston Financial Corp, Boston, Massachusetts, acquired the $#.# bil bankcard portfolio of Circuit City Stores Inc (CCS), an electronics retailer, for an estimated $### mil, based on the industry standard capitalization rate, or Leverage Rate, of #%. Originally

Circuit City Stores Inc spins off CarMax Group Circuit City Stores Inc spins off CarMax GroupSep 30, 2002

US - Circuit City Stores Inc (CCS) completed the spinoff a ##.###% interest, or ##.### mil common shares, in CarMax Group (CMG), an owner and operator of car dealerships, to its shareholders in a transaction valued at an estimated

Circuit City Stores Inc acquires 800.com Inc-Customer Database from 800.Com Inc (pending) Circuit City Stores Inc acquires 800.com Inc-Customer Database from 800.Com Inc (pending)Mar 01, 2002

US - Circuit City Stores Inc agreed to acquire the customer database and marketing assets of ###.com Inc, a provider of ecommerce services.

Capital Automotive REIT acquires Carmax Group-Auto Ret Prop(5) from Circuit City Stores Inc Capital Automotive REIT acquires Carmax Group-Auto Ret Prop(5) from Circuit City Stores IncAug 15, 2001

US - Capital Automotive REIT acquired # automotive retail properties from Circuit City Stores' Carmax Group subsidiary, for an estimated $###.# mil.

Woolworths Ltd acquires Tandy Electronics from Circuit City Stores Inc Woolworths Ltd acquires Tandy Electronics from Circuit City Stores IncApr 30, 2001

AUSTRALIA - Woolworths Ltd (WWL) acquired Tandy Electronics (TDE), a unit of InterTAN Inc, for ### mil Australian dollars ($##.### mil US). Upon completion, TDE was merged with WWL's Dick Smith Electronics subsidiary and both businesses continued to trade

Carlos Slim Helu acquires a minority stake in Circuit City Stores Inc Carlos Slim Helu acquires a minority stake in Circuit City Stores IncMar 12, 2001

US - Carlos Slim Helu acquired a #.#% stake, or ##.## mil common shares, in Circuit City Stores Inc, an owner and operator of electronic goods retail stores, in open market transactions.

CarMax Auto Superstores Inc acquires Town & Country Pontiac Nissan CarMax Auto Superstores Inc acquires Town & Country Pontiac NissanJun 18, 1999

CarMax Auto Superstores Inc, a unit of Circuit City Stores Inc, acquired Town & Country Pontiac Nissan Inc.

Circuit City Stores, Inc. M&A Summary


Circuit City Stores, Inc. has made 10 acquisitions while taking stakes in 1 companies. Circuit City Stores, Inc. has 14 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009002
2008002
2007000
2006000
2005002
2004201
2003001
2002001
2001003
2000000
1999601
1998000
1997110
1996001
1995000
1994000
1993000
1992000
1991000
1990000
1989000
1988000
1987000
1986000
1985100
Total10114

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