Blockbuster UK falls back into administration

Blockbuster UK has entered into administration for the second time this year, its owner has announced.

Private equity firm Gordon Brothers Europe,which bought Blockbuster UK out of administration in January, says poor trading conditions and uncooperative prospective partners are to blame for the new setback.

By the end of 2012, Blockbuster UK operated more than 500 stores, and wassqueezed downtoabout halfof that following Gordon Brothers Europe’s acquisition.

www.computerandvideogames.com

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