Blockbuster Wins Final Approval of Sale to Dish Network

Blockbuster Inc., once the largest video-rental chain, won final approval to sell its assets to Dish Network Corp. for $320 million in a deal expected to be completed today.

Dish’s bid was declared the highest and best offer after an auction April 6. On April 21, the day the sale had been projected to close, Blockbuster told the bankruptcy judge overseeing its Chapter 11 case that it needed to give Dish more time to decide which of 1,500 leases to keep or reject.