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Edition: U.S. Article Comments (0) Follow Reuters Analyst Research Report Title Price SK Telecom ADS Provider: Standard & Poor's STARS Report $23.0 Buy Blockbuster Inc'B' Provider: Standard & Poor's Quantitative Report $17.0 Buy Blockbuster Inc 'A' Provider: Standard & Poor's Quantitative Report $17.0 Buy AUERBACH GRAYSON: Korean Telecom Services Sector - A NEW BIRTH OF GROWTH (Korea) Provider: Auerbach Grayson & Co., Inc. $25.0 Buy AUERBACH GRAYSON: SK Telecom - LOOKING UP (Korea) Provider: Auerbach Grayson & Co., Inc. $25.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Icahn, Dish bid for Blockbuster assets: report Tweet Share this NEW YORK (Reuters) - Satellite television company Dish Network Corp (DISH.O) and billionaire investor Carl Icahn have submitted bids for bankrupt movie rental chain Blockbuster Inc (BLOAQ.PK), the Wall Street Journal reported, citing people familiar... Email Print Related News UPDATE 2-Sbarro prepares to file for bankruptcy-WSJ Thu, Mar 31 2011 Bloomberg says Barclays would feel at home in New York Wed, Mar 30 2011 SK Telecom eyes investment in Blockbuster: source Wed, Mar 30 2011 Harry & David in bankruptcy as gift sales fall Mon, Mar 28 2011 Google working on mobile payment technology: report Mon, Mar 28 2011 Analysis & Opinion The $41 million mobile app – or the Web bubble debate, now in full color! Calling people at home for a story? You heathen! Related Topics Technology » Deals » Global Deals Data 2011 Q1 » Inflows Outflows » Media » Stocks NEW YORK | Fri Apr 1, 2011 3:22pm EDT NEW YORK (Reuters) - Satellite television company Dish Network Corp (DISH.O) and billionaire investor Carl Icahn have submitted bids for bankrupt movie rental chain Blockbuster Inc (BLOAQ.PK), the Wall Street Journal reported, citing people familiar with the matter. The bids, which were due on Thursday, will qualify the two suitors for an auction in federal bankruptcy court in Manhattan on Monday, the Journal said. A spokesman for Dish, led by satellite billionaire Charlie Ergen, declined comment on Friday. Icahn did not return calls seeking comment. Richard Kanowitz, a lawyer for the unsecured creditors at Cooley LLP, confirmed that "more than two" bids for Blockbuster were received. Once the world's largest video rental chain, Blockbuster filed for Chapter 11 bankruptcy protection in September with about $900 million in debt. A group of hedge funds led by Monarch Alternative Capital had already made a so-called "stalking horse" bid of $290 million for the company in February, setting the floor that other bidders had to top to buy the company. SK Telecom Co Ltd (017670.KS) South Korea's top mobile carrier, was also considering an investment in Blockbuster, an official of the company told Reuters on Wednesday. The amount of the Dish and Icahn bids could not be determined, the Journal said. Bidders were submitting minimum offers, less than $296 million, to qualify for the auction, the newspaper said, citing one of the people familiar with the matter. Blockbuster's brand could be valuable for Dish's video-on-demand services or it could be an outlet to sell Dish subscriptions, the Journal said. Icahn has been interested in buying Blockbuster for some time and vied with the Monarch group to be the initial bidder for the company. The case is in re: Blockbuster Inc, U.S. Bankruptcy Court, Southern District of New York, No 10-14997 (Reporting by Dena Aubin; Editing by Andre Grenon and Tim Dobbyn) Technology Deals Global Deals Data 2011 Q1 Inflows Outflows Media Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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