DALLAS: Blockbuster consulted with Pierpont Communications this week as the entertainment chain faced media reports that it may file for bankruptcy in the near future. The news came after Blockbuster issued a regulatory filing claiming it may need to seek federal bankruptcy protection if it cannot restructure its debt, which is reportedly at $975 million, according to the report obtained by the Associated Press.
Pierpont account supervisor Randy Pruett said his team worked internally and externally, answering media questions while disseminating ...