The board is taking its fiduciary responsibility to its shareholders seriously ... These actions today, the board felt, were in the shareholders' best interest. 
Selected and fresh photos from around the web.
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Editor's pick
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Georgian soldiers run near a blazing building after a Russian bombardment in Gori, 80 km (50 miles) from Tbilisi, August 9, 2008. A Russian warplane dropped a bomb on an apartment block in the Georgian town of Gori on Saturday, killing at least 5 people, a Reuters reporter said. The bomb hit the five-story building in Gori close to Georgia's embattled breakaway province of South Ossetia when Russian warplanes carried out a raid against military targets around the town.
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CARSON, CA - JULY 31: Andre Villa practices in the Moto X Freestyle during the summer X Games 14 at Home Depot Center on July 31, 2008 in Carson, California.
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A woman collects drinking water from a tube well at the flooded village of Godadhar in Faridpur July 27, 2008. Several areas in north and northeastern Bangladesh remain inundated with floodwaters after the embankments of the rivers Jamuna and Padma collapsed due to heavy rainfall earlier this week.
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LONDON - JULY 25: Reese Hoffa of United States competes in the Men's Shot Put Final during day 1 of the Norwich Union Aviva London Grand Prix at Crystal Palace Stadium on July 25, 2008 in London, England.
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Hot off the wire
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Brazil's Emanuel Rego, left, hugs teammate Ricardo Santos after beating Georgia in a bronze medal men's beach volleyball match at the Chaoyang Park Beach Volleyball Ground at the Beijing 2008 Olympics in Beijing, Friday, Aug. 22, 2008.
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New York Mets runner David Wright belly-flops across home plate in front of umpire Brian Runge (L) as he scores the winning run against the Atlanta Braves on a hit by batter Carlos Delgado in the ninth inning of their MLB National League baseball game in New York August 21, 2008.
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NEW YORK - AUGUST 21: Tennis Player Andy Roddick celebrates Lacoste's 75 Anniversary at Macy's Herald Square on August 21, 2008 in New York City.
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Recently starred
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RALEIGH, NC - AUGUST 19: Presumptive Democratic presidential nominee Barack Obama speaks at a campaign event August 19, 2008 in Raleigh, North Carolina. Democrats hold their national convention August 25-28 in Denver.
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RALEIGH, NC - AUGUST 19: Presumptive Democratic presidential nominee Barack Obama listens to his introduction at a campaign event August 19, 2008 in Raleigh, North Carolina. Democrats hold their national convention August 25-28 in Denver.
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RALEIGH, NC - AUGUST 19: Presumptive Democratic presidential nominee Barack Obama speaks at a campaign event August 19, 2008 in Raleigh, North Carolina. Democrats hold their national convention August 25-28 in Denver.
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MARTINSVILLE, VA - AUGUST 20: Presumptive Democratic Presidential candidate U.S. Sen. Barack Obama (D-IL) waits to speak during a campaign event at the Patrick Henry Community College August 20, 2008 in Martinsville, Virginia. Obama is expected to announce his Vice Presidential candidate before the start of the Democratic National Convention on August 25th.
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The board is taking its fiduciary responsibility to its shareholders seriously ... These actions today, the board felt, were in the shareholders' best interest.
said Bill Cimino
in The Olympian
While it is our hope that the due diligence process will reinforce both the strategic and financial rationale behind the deal, we are committed to only doing a transaction that provides substantial benefits for our shareholders
was said
in The Olympian
This is going to require some either bold actions by management to change the direction of the business here shortly, or there's going to have to be some other strategic direction
said Rick Weinhart
in The Olympian
I didn't feel compelled to settle ... I settled because it was so obvious that the board interest was in fact aligned with mine and the other large shareholders'. Once I was convinced of that, settlement was obvious.
said Mark Wattles
in The Olympian
Let me be clear that our decision to allow Blockbuster and Carl Icahn to conduct due diligence should not be taken as an indication that the board has completed its review of the Blockbuster proposal, that the board has taken a position on the company's value or that it has settled upon a particular strategic course of action
was said
in Malaysia Sun
