LONDON (AP) — The DVD and games rental store Blockbuster has been sold to restructuring specialists Gordon Brothers Europe after filing for a form of U.K. bankruptcy earlier this year.
The company had gone into administration — a form of bankruptcy in Britain — in January.
Blockbuster U.K. at the time had 528 stores. Hundreds of shops were shut in the weeks after its financial collapse.
Administrators for the company from accounting firm Deloitte said Saturday that Gordon Brothers Europe had purchased Blockbuster for an undisclosed sum, saving 2,000 jobs and 264 U.K. stores.
Blockbuster in Britain is a subsidiary of U.S.-based Blockbuster LLC, which itself was reorganized under American bankruptcy laws and then acquired in 2011 by Dish Network Corp. of Colorado.
Wonderwall.com goes behind the scenes at the 2015 American Music Awards
In honor of the 10th anniversary of "Just Friends," check out how the stars of the film have changed.
Get the Duggar dish on Replay hosted by Wonderwall's Kirby Kristen.
From Heidi Klum and Seal to Ryan Sweeting and Kaley Cuoco, see which stars got tattoos for love.
Shailene Woodley and the stars of "Divergent" chat phobias and on-set injuries at the film's world premiere.
Stars chat with Wonderwall.com on the red carpet at the 2015 American Music Awards
Check out Duchess Kate's chic yet budget-friendly looks during her second pregnancy.
© 2015 Whalerock Industries