pennystock12
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EXCELLENT………. Blockbuster Inc. (NYSE:BBI) is currently trading at $1.02, moved up by 6.09% on 120K shares within a few minutes of trading. On August 28, 2009, Blockbuster Inc. announced it has sold Xtra-vision Limited, its 186 store entertainment retailer in Ireland, to Birchhall Investments Limited for U.S. proceeds of up to $45 million in cash, subject to certain adjustments. Blockbuster expects to use a majority of the proceeds from the sale for incremental liquidity. Financo Inc. served as financial advisor to Blockbuster for the transaction. Financial terms were not disclosed……..
check out LiquidTycoon dot com bcuz they have a summary report on the company...very informative site!
check out LiquidTycoon dot com bcuz they have a summary report on the company...very informative site!
