BNP Paribas reports 6.1% stake in Blockbuster.
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.
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|Publication:||Global Banking News (GBN)|
|Date:||May 4, 2009|
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