Tag archive: bid

Dish Network wins Blockbuster auction with $320 million bid

April 6, 2011 |

Home Theater

Dish Network has won a bid to buy bankrupt movie rental business Blockbuster. The satellite company's winning bid for Blockbuster was $320 million, but says it expects to pay close to $228 million cash, after adjustments, once the deal is settled, reports TechCrunch. “With its more than 1,700 store locations, a highly recognizable brand and multiple methods of delivery, Blockbuster will complement our existing video offerings while… Read More