Bidders for the bankrupt rental chain include a consortium of senior bondholders, South Korean wireless firm SK Telecom, investor Carl Icahn, and satellite TV provider Dish Network Corp., with the fate of the company in the hands of the auction winner (via The Street). A bankruptcy court approved the bondholder consortium’s $290 bid in March; The Wall Street Journal reports that the other bids do not exceed $296 million.
The bankruptcy court plans to review the winning bid at a hearing on April 7.
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