CD Warehouse Expects a Comeback Even as Sale Looms

<b></b>
1 min read
Opinions expressed by Entrepreneur contributors are their own.

Oklahoma City-CD Warehouse Inc. has signed a letter of intent for competitor Djangos to acquire the company at an offering of $1.50 a share. The new and used CD and DVD vendor recently posted third quarter losses but predicted a profitable fourth quarter. CD Warehouse CEO Christopher Salyer believes shareholders will not accept the deal, while Djangos CEO Steve Wood believes the offer will be accepted. -Daily Oklahoman

More from Entrepreneur
Entrepreneur Select: A Fund For Entrepreneurs, By Entrepreneurs

Entrepreneurs require more than just money, which is why we aim to empower you, as well as act as a catalyst for value creation.

Save on an annual Entrepreneur Insider membership through 5/8/21. For just $49/yr $39/yr, you’ll enjoy exclusive access to:
  • Premium articles, videos, and webinars
  • An ad-free experience
  • A weekly newsletter
  • Bonus: A FREE 1-year Entrepreneur magazine subscription delivered directly to you
Whether you want to learn something new, be more productive, or make more money, the Entrepreneur Store has something for everyone:
  • Software
  • Gadgets
  • Online Courses
  • Travel Essentials
  • Housewares
  • Fitness & Health Devices
  • And More

Latest on Entrepreneur