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April 1, 2011

Report: Dish, Icahn join bidding for Blockbuster

"Several bidders are set to duke it out for Blockbuster Inc. at a bankruptcy auction in New York on Monday. They reportedly include Dish Network Corp. and billionaire investor Carl Icahn.

The movie-rental chain has received several bids other than the opening bid of $290 million from a group of debtholders made in February. Blockbuster filed for Chapter 11 bankruptcy protection in September."

Read more here.

April 1, 2011 in Current Affairs | Permalink

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