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Dish Network wins Blockbuster auction with 8 million bid The satellite TV company beats Carl Ichan and a group of debt holders in bidding for the bankrupt movie-rental chain. Read more on The Oregonian Retailer closes O.C. store, files for bankruptcy Courtesy of iStockphoto.comAn Ontario-based discount clothing chain, which operates about 70 stores including six… [...]
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Apr 7th, 2011 | Filed under Debt & Bankruptcy
Dish Network acquires Blockbuster with 8-million bid The movie rental chain filed bankruptcy in September. The majority of its stores have already closed. Dish Network Corp. said Wednesday that it won the auction for Blockbuster Inc. with a bid valued at $ 228 million in cash. Read more on Los Angeles Times Dish Network acquires [...]
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Apr 6th, 2011 | Filed under Debt & Bankruptcy