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.