 BF69Premium
join:2004-07-28
Camden, TN | Deal is actually $228 milliom DISH’s winning bid was valued at approximately $320 million, but after adjustments for available cash and inventory and others, the company expects to end up paying approximately $228 million in cash to acquire Blockbuster.
»techcrunch.com/2011/04/06/dish-w···in-cash/ |
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jfmezeiPremium
join:2007-01-03
Pointe-Claire, QC
kudos:22 | OM, the techcrunch article has an important keyword. They aren't buying Blockbuster, they are buying assets from it. This likely means that the corporation known as Blockbuster is being liquidated insrtead of finding a way out of bankrupcy. And this means that those buying assets don't get the liabilities/debts.
This makes for a far more interesting purchase then. |
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 aaronwtPremium
join:2004-11-07
Woodbridge, VA | Re: Deal is actually $228 million Dish was the one bidder that planned on keeping retail locations and kiosks.
The other bidders had planned on either liquidating everything or liquidating the retail locations and keeping the kiosks. |
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BF69Premium
join:2004-07-28
Camden, TN | said by aaronwt:Dish was the one bidder that planned on keeping retail locations and kiosks. That won't last very long. |
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