Thursday, April 7, 2011

Dish buys Blockbuster for $320 million

Dish said Wednesday that it had won an auction to buy Blockbuster. The satellite TV provider said it had offered $320 million, about $228 million of which was in cash, to beat out competitors like investor Carl Icahn and SK Telecom. Bids had gotten as high as $310.6 million, from Icahn, before Dish landed the final price....

Source: http://feeds.macnn.com/click.phdo?i=4ff32d77c62db81d1ddc954884e09b02

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