Report: Blockbuster may try to sell itself
New York City -- Blockbuster plans to put itself up for sale after a disagreement with its creditors, according to a Wall Street Journal report.
The report, which cited unnamed sources, said the chain could not agree with creditors on a plan to get cash to help it exit bankruptcy protection. According to the Journal, a bidder could offer more than $300 million for the chain plus assuming debt and leases.