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ndforlife

04/05/11 3:04 PM

#64131 RE: robjer #64125

TDGI is not involved in the bidding Einstein..

Eric Parkinson has commenced discussions with four major financiers, with the intention of combining resources in order to secure a prevailing bid for Blockbuster, Inc., which Parkinson feels will likely fall within the range of $305-million to $315-million, with an additional $45-mm to $70-mm required for a general operating line. The financing plan as presented by Parkinson would be structured as an “off-balance sheet” transaction for Target Development Group, Inc., and would not involve the issuance of new equity from Target; however, Target would function as the primary, managing partner of the venture, should the financing be secured and should the bid prevail.

mstisen

04/05/11 3:05 PM

#64132 RE: robjer #64125

What word do you not understand in my post, you know the bidders, tdgi is not one of them, because tdgi was never going to bid! Tdgi associated with one of the bidders! Which one er don't know. Do you dd efire adling or make an conclusion!