Blockbuster heads to bankruptcy court - WAOW - Newsline 9, Wausau News, Weather, Sports

Blockbuster heads to bankruptcy court


UNDATED (WAOW) -- Blockbusters's fate is in the hands of a federal bankruptcy judge.

The video chain wants a judge to give the go-ahead for a proposed sale of the company for $290 million.

However, among those objecting to the sale are several movie studios and a creditors committee saying liquidation would help stop losses and secure repayment for their goods.

Online Reporter: Cami Mountain

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