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Nikon D90 shows up in Best Buy inventory screen

d90_best_buy.jpg

After first showing up in Circuit City’s inventory screen, the not announced by pretty much guaranteed Nikon D90 DSLR has now shown up in Best Buy’s inventory system.

Looks like it will have a price of $1,299.99, the same one confirmed by Circuit City. The date in the screenshot shows September 1st but according to Engadget’s tipster it won’t be in stock until the 7th.

[Via Photography Bay]

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Nikon D90 confirmed in Circuit City invenory screen?

nikon_d90_inventory.jpg

Looks like the yet unannounced Nikon D90 DSLR is all but confirmed if the above screenshot is true.

What you’re looking at is a photo of Circuit City’s inventory system showing the D90 kit with an 18 – 105mm lens for $1,299.99.

Let’s assume the photo is legit, any chance it could be wrong? Sure, I suppose there’s a chance, but this is close to a lock if you ask me. Too many D90 rumors swirling now for there to not be something to it. The D80 needs an update and the D90 is it.

Look for some official info on the D90 as we get closer to Photokina, opening on September 23rd.

[Via Electronista]


Blockbuster calls off Circuity City merger deal

Back in April Blockbuster announced that in February of this year they made an unsolicited bid to attempt to acquire Circuit City.

Just a quick reminder: Blockbuster had a vision of a “new” Blockbuster sees a combined Blockbuster and Circuit City would “result in an $18 billion retail enterprise uniquely positioned for the convergence of media content and electronic devices. We would seek to differentiate products in both Blockbuster and Circuit City stores by offering exclusive content and content-enabled devices. Both companies would benefit from complementary products, marketing, management strengths, technology and distribution and the resulting synergies would significantly improve consolidated financial performance.”

Perfectly clear-ish.

After no news for a bit, Blockbuster has announced today that they have pulled their offer, though they still believe that combing media and electronics is a good idea.

Blockbuster CEO Jim Keyes says, “based on market conditions and the completion of our initial due diligence process, we have determined that it is not in the best interest of Blockbuster’s shareholders to proceed with an acquisition of Circuit City”

“We continue to believe in the strategic merits of a consumer retail proposition that would bring media content and electronic devices together under one brand. We will pursue this strategy through our Blockbuster stores as a way to diversify the business and better serve the entertainment retail segment.”

I used to have three Blockbuster locations within ten minutes of home and now I think I have one…if that’s even still there (haven’t been in at least a year).

It’s nice they’re not giving up, but will they really be able to compete as a brick and mortar video and electronics store?

Their video rental business has been heading downhill for a while and Best Buy is pretty dominant in the electronics area, so the idea of Blockbuster trying to compete in this space without a time machine to bring them back 10 – 15 years sounds like a bad one to me.

Check out the full press release here if you’re interested.

[Via Electronista]


Blockbuster makes offer to buy Circuit City

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Blockbuster announced today that it has made an unsolicited bid to acquire Circuit City on February 17th.

The all cash offer, based on their review of publicly available info, is for $6 – $8 per share or more than 50% the stocks current value.

Blockbuster’s vision of the “new” Blockbuster sees a combined Blockbuster and Circuit City would “result in an $18 billion retail enterprise uniquely positioned for the convergence of media content and electronic devices. We would seek to differentiate products in both Blockbuster and Circuit City stores by offering exclusive content and content-enabled devices. Both companies would benefit from complementary products, marketing, management strengths, technology and distribution and the resulting synergies would significantly improve consolidated financial performance.”

Circuit City apparently has not provided the requested “due diligence” that the deal would need to move forward, so Blockbuster making this news public now is a way of getting Circuit City shareholders involved to help push things.

Check out the full press release including the full letter from Blockbuster CEO Jim Keyes to Circuity City CEO Phil Schoonover here if you’re so inclined.

[Via Engadget]