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REPORT: BLOCKBUSTER WILL DECLARE BANKRUPTCY IN TWO WEEKS

August 27, 2010 by · 1 Comment 

Blockbuster, the last remaining home-video rental chain covering the entire country, has finally concluded that it no longer can stave off bankruptcy and plans to enter Chapter 11 in about two weeks, the Los Angeles Times reported today (Friday), citing several people familiar with the situation. The company then plans to cancel its leases at […]