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Netflix (NFLX) Sees Upside On Possible Blockbuster Bankruptcy

March 3, 2009 2:22 PM EST

Netflix, Inc. (Nasdaq: NFLX) is seeing some interest, +6%, on reports rival Blockbuster (NYSE: BBI) has hired Kirkland and Ellis as legal counsel to explore a possible bankruptcy filing.


If a bankruptcy of Blockbuster plays out, Neflix could gain more market share.


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