Texas-based movie-rental chain, Blockbuster, is planning to put itself up for sale, The Wall Street Journal reports. The company, which filed for bankruptcy last year, took the move after creditors disagreed on plans to give the company more cash to exit bankruptcy protection. Creditors, including Carl Icahn and a consortium led by hedge-fund, Monarch Alternative Capital, have shown interest in the company. Any bidder could offer more than $300 million for the chain, plus assumption of various liabilities, including certain store leases.
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