On May 12, 2004, Circuit City Stores, Inc., of Richmond, Va., announced the completion of its tender offer for all the outstanding shares of common stock of InterTAN, Inc., a Delaware corporation listed on the NYSE and the TSX, which operates through approximately 990 company retail stores and dealer outlets in Canada under the trade names RadioShack®, Rogers Plus® and Battery Plus®.  Circuit City offered to pay US$14 per InterTAN common share, or approximately US$286 million.  Following the completion of the initial and subsequent offering periods, approximately 96 percent of InterTAN's outstanding shares were tendered.  Circuit City acquired the remaining InterTAN shares through a short-form merger in which each share of InterTAN common stock was converted into the right to receive US$14 in cash.  The merger was carried out on May 19, 2004.  The take-over was carried out in Canada pursuant to National Instrument 71-101 The Multijurisdictional Disclosure System.

…Circuit City was represented in Canada by Davies Ward Phillips & Vineberg LLP with a team that included Maryse Bertrand, David Torralbo, Lloyd Perry Feldman and Marie-Christine Lemerise (corporate), Samuel Minzberg (corporate and tax), Nathan Boidman, Alan Shragie and Fred Purkey (tax) and Hillel Rosen and Mark Katz (competition).