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.
You know, all those high-profile retail outlets would make great Washington Mut… oh snap.
Furniture on the Titanic.
And yet Radio Shack, the roach of American retailers, lives on.