Circuit City Could Be Owned By Systemax

Systemax also owns TigerDirect and CompUSA, so Circuit City fans don't have to pout. Looks like the resurrection of the Circuit City website will be a reality soon. Apparently, Systemax will buy the Circuit City brand name and website for $6.5 million USD. Another company can outbid Systemax if they like, but they must do so before the May 11 close date.

[Crunch Gear]