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jfmezei
Premium
join:2007-01-03
Pointe-Claire, QC
kudos:23
reply to 88615298

Re: Deal is actually $228 milliom

OM, the techcrunch article has an important keyword. They aren't buying Blockbuster, they are buying assets from it. This likely means that the corporation known as Blockbuster is being liquidated insrtead of finding a way out of bankrupcy. And this means that those buying assets don't get the liabilities/debts.

This makes for a far more interesting purchase then.



aaronwt
Premium
join:2004-11-07
Woodbridge, VA

Re: Deal is actually $228 million

Dish was the one bidder that planned on keeping retail locations and kiosks.
The other bidders had planned on either liquidating everything or liquidating the retail locations and keeping the kiosks.



88615298
Premium
join:2004-07-28
West Tenness

said by aaronwt:

Dish was the one bidder that planned on keeping retail locations and kiosks.

That won't last very long.