Icahn, Monarch Said to Target Blockbuster for Possible Buyout

Published February 14, 2011 | By Bman

Icahn, Monarch Said to Target Blockbuster for Possible Buyout
Creditors including billionaire Carl Icahn and Monarch Alternative Capital LP are said to be targeting Blockbuster Inc., the bankrupt movie-rental company, in a possible buyout for less than $ 300 million, a person familiar with the matter said.
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Hunterdon movie-rental shops get new releases sooner than big lenders
A LITTLE COMPETITIVE BOOST is being given to independent video stores like LV Video II near Frenchtown. The major studios are making the big lenders like Netflix wait 28 days on new releases. That’s Keanan Brown-Webster stocking the shelves. (Photo…
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Posted in Making Movies | Tagged Blockbuster, Buyout, Icahn, Monarch, Possible, Said, target