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Blockbuster to File for Chapter 11 Bankruptcy by End of Week? $BBI $BLOKA

|Includes: Blockbuster Inc. (BBI), BBI.B, BLOKA
According to an article from the Wall Street Journal this evening, the answer is likely yes. The Wall Street Journal is citing sources familiar with Blockbuster's plans stating that the bankruptcy filing could come as early as tomorrow, as only minor aspects of the restructuring plans remain in negotiations between the company and its creditors. According to the WSJ's sources, key elements of the restructuring will likely include the following:

Read more: http://www.netdocketsblog.com/2010/09/blockbuster-to-file-for-chapter-11.html#ixzz10DZYjE3m


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