24/7 Wall St.

According to Reuters, Blockbuster (NYSE:BBI) said it has offered to buy Circuit City (NYSE:CC) for $6 to $8 in cash.

Reuters writes that a merger between Delta (NYSE:DAL) and Northwest (NYSE:NWA) could be announced this week.

Reuters reports that TIme Warner’s (NYSE:TWX) AOL landed a deal to sell all of Verizon’s (NYSE:VZ) online ad inventory.

Reuters writes that India’s Jet Airways will demand compensation from Boeing (NYSE:BA) for late delivery of the 787.

The Wall Street Journal reports that Wachovia (NYSE:WB) will get an outside infusion of several billion dollars.

The Wall Street Journal writes that G-7 and IMF meetings failed to come up with a joint emergeny plan to help the global economy.

The Wall Street Journal reports that Deutsche Bank (NYSE:DB) will sell as much as $20 billion in leveraged buy-out loans to private equity firms.

The Wall Street Journal reports that Salesforce.com (NYSE:CRM) will sell Google’s (NASDAQ:GOOG ) Apps software to its customers.

The Wall Street Journal reports that some shareholder-advisory firms are suggesting investors vote against re-electing the current Citigroup (NYSE:C) board.

The New York Times reports that economic ministers said that the world food crisis is even worse than the economic crisis.

The New York Times reports that CBS (NYSE:CBS) may be hurt by the lack of a major blockbuster show in its new schedule.

Bloomberg writes that profits at Phillips declined on falling TV prices.

Douglas A. McIntyre