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Archive Home > 2010 > March > 18 > Blockbuster may file for bankruptcy

Blockbuster may file for bankruptcy


March 18, 2010

Blockbuster Inc. shares plunged further into penny-stock territory Wednesday after the struggling home video rental company said in a regulatory filing that it will likely file for bankruptcy if it’s unable to address its debt load.

Shares of Blockbuster fell 12 cents, or 29 percent, to 28 cents....

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