Blockbuster video chain files for bankruptcy

Troubled video-rental chain Blockbuster Inc today filed for bankruptcy protection.

Thu, 23 Sep, 2010 - 12:39

Troubled video-rental chain Blockbuster Inc today filed for bankruptcy protection.

In a submission to the US Bankruptcy Court in the Southern District of New York today, the company said it plans to recapitalise its balance sheet and transform its business model.

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CourtsBusinessHeathrowPlace: Southern District of New YorkPlace: USOrganisation: BlockbusterOrganisation: Blockbuster IncOrganisation: US Bankruptcy CourtOrganisation: New York Stock Exchange
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