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More Trouble For Blockbuster

More signs of trouble for Dallas-based Blockbuster.  The company disclosed in a filing that it must hiring a Chief Restructuring Officer in the next five days as part of an agreement with it’s debt holders.  The stipulation is part of a six week extension on an interest payment.  The Morning News reports that the move will likely mean more layoffs and other cost-cutting measures are ahead.  Just yesterday, Blockbuster was de-listed from the New York Stock Exchange.