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fredman

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fredman

Re: WoodyDog post# 3412

Tuesday, 05/25/2010 10:34:49 PM

Tuesday, May 25, 2010 10:34:49 PM

Post# of 6674
"Holders of Blockbuster's subordinated debt had proposed receiving about 95% of Blockbuster's equity and a new $125 million senior unsecured payment-in-kind note. In exchange, subordinated debt holders would tender their bonds and contribute $25 million to $30 million in cash."

Looks like STRONG SELL to me.

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