shrike4242
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Looks like Blockbuster might be going on its own way to bankruptcy:
http://www.dallasnews.com/sharedcontent/dws/bus/stories/030409dnbusblockbuster.20c5600e.html
[quote name='From Dallas News article']Blockbuster reportedly hires firm to explore bankruptcy 1:43 PM CT
01:50 PM CST on Tuesday, March 3, 2009
By MARIA HALKIAS / The Dallas Morning News
[email protected]
Blockbuster Inc.’s shares plunged around 1 p.m. after reports that it had hired legal counsel to explore a possible bankruptcy filing.
Kirkland & Ellis LLP has been hired to evaluate restructuring options for the world’s largest movie-rental chain, according to Bloomberg News.
The wire service quoted a person familiar with the situation.
[/quote]
http://www.dallasnews.com/sharedcontent/dws/bus/stories/030409dnbusblockbuster.20c5600e.html
[quote name='From Dallas News article']Blockbuster reportedly hires firm to explore bankruptcy 1:43 PM CT
01:50 PM CST on Tuesday, March 3, 2009
By MARIA HALKIAS / The Dallas Morning News
[email protected]
Blockbuster Inc.’s shares plunged around 1 p.m. after reports that it had hired legal counsel to explore a possible bankruptcy filing.
Kirkland & Ellis LLP has been hired to evaluate restructuring options for the world’s largest movie-rental chain, according to Bloomberg News.
The wire service quoted a person familiar with the situation.
[/quote]