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    Circuit city death watch

    Circuit City Gets A Loan, Lives To Fight Another Day

    By Meg Marco, 11:59 AM on Tue Nov 11 2008, 5,175 views

    Circuit City has secured a loan from Bank of America that will pay for its operating expenses until it emerges from bankruptcy next year, says Bloomberg. This financing gives CC a new lease on life — Yes, we may yet see the bankrupt retailer rise from the ashes to continue its proud tradition of ignoring customers who are standing at the register.

    [Bloomberg]
    (Photo: tagurity )

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