Jesus, sometimes I think I could run some companies better than some current management teams. When Blockbuster announced in April that it wanted to acquire Circuit City, I thought to myself they must be stupid idiots. If that deal actually was consummated, it would be like Dumb and Dumber. Two companies destined to go down in flames separately would now go down in flames together.
However, Blockbuster just announced it has dropped its bid for Circuit City. BB’s CEO said it wouldn’t be in the best interest of the shareholders. Ya think? I bet his wife knocked some sense in to him…
