Blockbuster Inc., a global provider of rental and retail movie and game entertainment, and 12 affiliated entities filed for Chapter 11 protection Sept. 23 in the U.S. Bankruptcy Court for the Southern District of New York (In re Blockbuster Inc.).
Blockbuster’s non-U.S. operations and its domestic and international franchisees, all of which are legally separate entities, are not included in the filings and are not parties to the Chapter 11 proceedings.
Recapitalization Plan.
The Dallas-based company announced Sept. 23 in a news release that it has reached agreement with a group of bondholders holding approximately 80.1 percent principal ...
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