Circuit City Holds on just a Little longer…..


Nov. 11  Circuit City Stores Inc., the consumer electronics chain that filed this year’s biggest retail bankruptcy, arranged $1.1 billion in financing that gives the 59-year-old company another chance at survival.

The seller of televisions and computers sought protection from creditors yesterday and won court approval for a Bank of America Corp. credit line that Circuit City said will help pay for its emergence from bankruptcy next year.

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