Originally Posted by RighteousTrader Agenda for hearing of November 16, 10:00am EST http://terrestarcorprestructuring.co.../263_10612.pdf Reply to Response to Motion to Reconsider Order Denying Appointment of Examine http://terrestarcorprestructuring.co.../264_10612.pdf
Originally Posted by Darth DTF Blockbuster Reaches Agreement on Plan to Recapitalize Balance Sheet and Substantially Reduce its Indebtedness To Implement Recapitalization, Company Initiates "Pre-Arranged" Chapter 11 Proceedings Blockbuster Stores and Operations Conducting Business in the Ordinary Course Secures $125 Million DIP Financing Commitment DALLAS, Sept. 23 /PRNewswire-FirstCall/ -- Blockbuster Inc. (Pink Sheets: BLOKA, BLOKB), a leading global provider of rental and retail movie and game entertainment, today announced that it has reached agreement with a group of bondholders holding approximately 80.1 percent principal amount of the Company's 11 3/4 percent senior secured notes (the "Senior Noteholders") on the material terms of a plan to recapitalize its balance sheet and put the Company in a stronger financial position as it continues to pursue its strategic plan and transform its business model. The recapitalization plan would ...
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