Icahn, Dish Bid For Blockbuster

Billionaire investor,Carl Icahn, and satellite-television provider,Dish Network, have placed their bids for movie rental chain,百视达,The Wall Street Journalreports. A group of hedge funds, led byMonarch Alternative Capital, has already offered $290 million for the company.

South Korea’sSK Telecomand various private-equity firms are also considering placing bids for Blockbuster. A group of Blockbuster landlords has made an objection to the sale of the company, saying the Monarch-led group did not provide appropriate protection to the landlords.

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