The gaming industry has seen more than its fair share of consolidation in recent months, with a spate of publishing-giant mergers, studio acquisitions, and developer closures. Now, two of the businesses that distribute the industry's wares are getting into the fortification game. Rental kingpin Blockbuster said today it has offered to acquire Circuit City for $6 to $8 per share, or $1 billion to $1.3 billion.
You can read the full article at Gamespot. I was under the impression that Blockbuster was almost belly up. This seems like a crazy move for them to make, and I really see no justification in this. It will be interesting to see just how this all plays out.