Inside Blockbuster Express

NCR Corporation (NYSE: NCR) announced today that it has purchased the remaining equity in TNR Holdings Corp., the second largest DVD kiosk operator in North America, in order to expand the NCR SelfServ™ Entertainment portfolio across North America under the Blockbuster Express brand. NCR had been a minority stakeholder in the company since a [...]

Entertainment company Blockbuster’s lenders came to the rescue and have helped to keep Blockbuster viable again by amending its revolving and term-loan credit facilities. Blockbuster fell upon some concerning times when it hired Kirkland & Ellis as a consultant to assist with capital-raising initiatives. News of the hire of a facility that also [...]