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Wattles seeks to stack Circuit City’s board
FROM TWICE: Controls 6.5% of retailer's stock
By Alan Wolf of TWICE -- Video Business, 2/26/2008
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Wattles controls 11 million shares, or 6.5%, of Circuit City’s common stock, which he amassed over the past three months. According to published reports, he is also seeking the ouster of Circuit chairman/CEO Phil Schoonover, who rebuffed a sit-down request to discuss the ailing chain’s strategy.
Read the full story on TWICE.com.