Is Dish getting a Blockbuster deal?
Activist investor Carl Icahn may have shown up in person at Blockbuster’s bankruptcy auction to place his bid, but it was U.S. satellite TV provider Dish Network that walked away the winner. Dish, led by satellite billionaire Charlie Ergen, won the assets of the once-mighty video rental chain for about $320 million, beating out Icahn and at least two other bidders in an auction that lasted into the early morning hours on Wednesday. NYSE Euronext will “absolutely not” be placing a counterbid for Nasdaq OMX, a source close to the Big Board told Reuters corresondent Paritosh Bansal in an exclusive interview. The … Read more