What is BB liquidating?

Previously, it was operated and franchised entertainment-related stores in the United States and internationally. The company was formerly known as Blockbuster Inc. and changed its name to BB Liquidating Inc. in August 2011. BB Liquidating Inc. was founded in 1982 and is based in Dallas, Texas.

What happened to BB stock?

BB stock has declined from an all-time high of c.$140-a-share just before the financial crisis to c.$4 now. Such a colossal decline has justified the creation of a Hollywood movie which was released recently.

What is a business liquidation?

Liquidation is the process of closing a business and selling its assets to pay back its debts (also known as creditors). In a business liquidation, the company’s bank accounts are frozen, the directors’ powers are removed, the company stops trading and a liquidator is appointed to close down the company.

Where can I buy liquidation stock?

Direct Liquidation is an online, auction-based marketplace selling liquidation stock. The website covers products from over 100 different categories. Items can be overstock, shelf-pulls, or end-of-life products from North America’s largest retailers and manufacturers.