"The company's preference is to sell to someone who would keep the company intact and the brand alive, a spokesman said, but it's entirely possible that it would be broken up and sold bit by bit.

But if no buyer is found by Friday, the court's and creditors' deadline for reaching a deal, "then we would move to sell the inventory down and the company would be going out of business," Circuit City spokesman Bill Cimino said in an interview yesterday."

http://www.washingtonpost.com/wp-dyn/content/article/2009/01/09/AR2009010903407.html

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