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Archive for March, 2009

Blockbuster denies BK rumors

Blockbuster (BBI: 0.7136, 0.0336, 4.94%) denied on Tuesday it plans to file for bankruptcy protection, swatting down rumors that sent shares of the world’s largest movie rental chain down nearly 80%. “We don’t intend to file for bankruptcy,” spokeswoman Karen Raskopf told FOX Business. The comments come in contrast with an earlier Bloomberg News report [...]