Blockbuster prepares to put itself up for sale: report
Blockbuster Inc.
Blockbuster now plans to seek buyers, the newspaper reported, saying that investor Carl Icahn and a consortium led by hedge-fund Monarch Alternative Capital are the leading contenders.
A spokesman for Blockbuster declined to comment.
Blockbuster shares were up 12.8 percent at 11 cents on the pink sheets.
(Reporting by Caroline Humer, editing by Gerald E. McCormick)
© Copyright Thomson Reuters 2023. All rights reserved.
Join the Discussion