NEW YORK: Blockbuster Inc. mulled bids from Carl Icahn and others in an auction process that began Monday in New York that will decide the fate of the troubled video-rental chain.
Potential bidders, lenders and Blockbuster representatives met in several rooms at the U.S. Bankruptcy Court in the Southern District of New York on Monday. A sign on one room said it was reserved for Carl Icahn's Icahn Acquisition Corp. The billionaire investor did not return a call seeking comment.
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