Wed, Jul 23, 2014, 12:58 AM EDT - U.S. Markets open in 8 hrs 32 mins


% | $
Click the to save as a favorite.

Blockbuster Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • netflix_got_blockbusted netflix_got_blockbusted Nov 16, 2005 12:38 PM Flag

    How this new offering works?

    Ultimately, the people who put up $150MM have far more access into BBI's strategy and finances than we do. And if these people had any fear of BK, they certainly wouldn't put risk their money for 7%.

    While people on the messageboards love to speculate about BK, it's just not a reality.

    At this point, BBI has far better credit terms and much more operating flexibility. Come this May, it's highly likely that Icahn will take over BBI. At that point, you'll likely see BB Online spun off and the stores run purely for cash. Icahn paid $9 for his initial 10% stake, and he obviously continues to see significant potential in BBI's cash generation potential.


Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.