LONDON (AP) — The DVD and games rental store Blockbuster has been sold to restructuring specialists Gordon Brothers Europe after filing for a form of U.K. bankruptcy earlier this year.
The company had gone into administration — a form of bankruptcy in Britain — in January.
Blockbuster U.K. at the time had 528 stores. Hundreds of shops were shut in the weeks after its financial collapse.
Administrators for the company from accounting firm Deloitte said Saturday that Gordon Brothers Europe had purchased Blockbuster for an undisclosed sum, saving 2,000 jobs and 264 U.K. stores.
Blockbuster in Britain is a subsidiary of U.S.-based Blockbuster LLC, which itself was reorganized under American bankruptcy laws and then acquired in 2011 by Dish Network Corp. of Colorado.
Victoria’s Secret Angel Candice Swanepoel talks to WW about wearing the $10 million bra, eating steak, Taylor Swift and if she plans to marry her boyfriend.
Former "Housewife" Lydia McLaughlin dishes about leaving the "RHOC," her stance on plastic surgery and more!
From George and Sandra to Taylor and Ed, see more of Hollywood's platonic pairs.
See some of the hottest celebs that joined frats and sororities while in college.
Katy Perry, Rosie Huntington-Whiteley, and Lady Gaga all get an F on this week's Fashion Offenders
Chris Daughtry dishes on his major body transformation, keeping chickens, making his marriage work and more!
© 2013 Microsoft