Jumat, 01 April 2011

Blockbuster Movie Rental ups for sale

Numerous bidders are ready to duke it out for movie rental chain Blockbuster at a bankruptcy auction on Monday in New York. They reportedly admit Dish Network and billionaire investor Carl Icahn.
The movie-rental chain Blockbuster has accepted various bids beside the opening bid of $ 290 million from a group of debtholders back in February. Blockbuster filed for Chapter 11 bankruptcy security in September.
Dish and Icahn have already submitted each bid, The Wall Street Journal reported on

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