Roundup: MaxJet, Circuit City, DuPont Fabros

*A federal bankruptcy court approved the sale of assets of MaxJet Airways of Dulles to a company called MaxJet Airways Acquisitions Group, which is owned and operated by NCA Sports. NCA, based in Bentonville, Ark., operates a charter service for university sports teams, according to its Web site.

*Shares of Circuit City (CC) fell 24 cents, or 4.9 percent today, closing at $4.66, after an analyst said a buyout by Blockbuster is unlikely.

* Electricity producer AES said it completed its $930 million acquisition of a 660-megawatt thermal power plant in the Philippines.

*DuPont Fabros Technology, a District-based real estate investment trust, named Richard A. Montfort general counsel. Montfort previously worked at Sprint Nextel and XO Communications.

*Mario J. Gabelli, whose investment company owns about 22 percent of Media General's Class A shares, said he plans to vote for a slate of directors nominated by dissident shareholder Harbinger Capital Partners.

By Terri Rupar  |  April 16, 2008; 5:03 PM ET  | Category:  Roundup
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