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Circuit City to liquidate U.S. stores

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After negotiations to find a buyer failed, Circuit City will liquidate its U.S. stores. According to court papers filed this morning, the Richmond, Virginia-based company has appointed three companies to liquidate its inventory. The company, which filed for bankruptcy in November, had a deadline of today to find a buyer.

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Last updated: November 25, 2009: 06:25 AM

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