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BNP Paribas reports 6.1% stake in Blockbuster.

Global Banking News-4 May 2009-BNP Paribas reports 6.1% stake in Blockbuster(C)2009 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 04 May 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

BNP Paribas Arbitrage SNC, a subsidiary of French bank BNP Paribas SA (BNPP.PA) (LSE: BNP) (OTC: BNPQY) has reported a 6.1 percent stake in Blockbuster Inc (NYSE: BBI).

BNP Paribas beneficially owns about 9.18 million shares of the Dallas-based video retail chain, according to a filing with the Securities and Exchange Commission.

The stake was reported on a form designated for passive investors, who do not seek to change or influence a company's operations.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

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Publication:Global Banking News (GBN)
Date:May 4, 2009
Words:135
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