Friday, September 24, 2010

Blockbuster Files for Bankruptcy

Blockbuster has announced its plans to voluntarily enter into Chapter 11 bankruptcy as a way to clean up the struggling company's balance sheet.  According to the article, Blockbuster's approximate 3,000 retail locations (which includes 8 locations in Lincoln) will remain open for the short term. 

To read the full article by REBusiness Online, click here(Source:  REBusinessonline.com)

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