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Blockbuster May Might Maybe Be Filing For Bankruptcy

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Trading on BBI has halted after a 76% drop, down to 26 cents. Why the drop? Because BBI has hired a firm “to evaluate restructuring options for the movie rental company, which may include a ‘pre-packaged’ or ‘pre-arranged bankruptcy.'” That’s all according to Bloomberg, and then re-reported several places, like here and here.