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Blockbuster Extends Time to File Bankruptcy Plan

Blockbuster Inc., the world’s largest movie-rental company, has until Jan. 14 to file a reorganization plan after changing the terms of its operating loan in bankruptcy.

Blockbuster’s prior deadline to file a so-called disclosure statement that outlines terms of a reorganization was Dec. 15. The company will have until Feb. 11 to win final court approval of the reorganization, the company said in a regulatory filing.