Blockbuster takeover bid by Dish wins judge's OK

Reuters

Judge Burton Lifland's approval gives Dish, led by billionaire Charlie Ergen, control of the one-time video rental leader's 1,700 stores and new ways to market Dish's services.

Dish put in the winning bid for Blockbuster at a bankruptcy auction earlier this week, beating out activist investor Carl Icahn, South Korea's SK Telecom Co <017670.KS> and a group of hedge funds led by Monarch Alternative Capital LP.

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(Reporting by Dena Aubin)

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