Blockbuster May Might Maybe Be Filing For Bankruptcy

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.

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Comments

3 responses to “Blockbuster May Might Maybe Be Filing For Bankruptcy”

  1. DM says:

    You know, all those high-profile retail outlets would make great Washington Mut… oh snap.

  2. Dallas BK says:

    Furniture on the Titanic.

  3. Bill says:

    And yet Radio Shack, the roach of American retailers, lives on.