Blockbuster Won’t Pay Third-Quarter Dividend
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From Reuters
Blockbuster Inc. said it would not pay a dividend for the third quarter, the first time it has failed to do so since the largest U.S. video rental chain operator went public in 1999.
The decision, made by the company’s board, is the latest sign of financial difficulty at Blockbuster.
Blockbuster shares closed down 16 cents at $6.12.
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