Circuit City is going to liquidate

From CNBC……

Electronics retailer Circuit City Stores reached an agreement with liquidators on Friday to sell the merchandise in its 567 U.S. stores after failing to find a buyer or a refinancing deal.

The company – which had been the nation’s second-biggest consumer electronics retailer, employing about 35,000 employees – appointed Great American Group, Hudson Capital Partners, SB Capital Group and Tiger Capital Group as liquidators.

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