No stranger to skipping deadlines, after pushing debt repayment due dates back repeatedly on its march to bankruptcy, Blockbuster has extended the formal submission date for its reorganization plan by two weeks.
BB was originally slated to submit its plan with its bankruptcy court today, but has pushed the due date back to December 15 by amending the original accord with senior debtholders.
While not surprising, this news does make one wonder what Blockbuster has in mind for its post-bankruptcy recovery plan. Care to make any predictions on what BB’s plan will hold?
(via Home Media Magazine)