SAN FRANCISCO AP - In the latest sign of retail trouble, Blockbuster Inc. said Tuesday it has brought in an outside law firm to rescue the long-slumping video store chain from a financial bind.The hiring of corporate restructuring specialists Kirkland
March 04, 2009 at 12:00 AM
1 minute read
SAN FRANCISCO AP – In the latest sign of retail trouble, Blockbuster Inc. said Tuesday it has brought in an outside law firm to rescue the long-slumping video store chain from a financial bind.
The hiring of corporate restructuring specialists Kirkland & Ellis spurred speculation that Blockbuster is on the verge of becoming the latest merchant to be waylaid by the worst recession since the early 1980s.
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