Blockbuster to get delisted from NYSE

6a00df3521c63688340133ec5819bc970b-800wi This has been a long time coming, but it's finally happening. Blockbuster is getting delisted from the New York Stock Exchange. According to Engadget, Blockbuster will be forced to delist from the NYSE after a failed attempt to split its stocks.

Despite the delisting, Blockbuster has still managed to avoid bankruptcy. The company came to an agreement with its creditors, and is still hanging on to its existence by a thread. At last trade on June 2, Blockbuster stock was going for $0.23 per share.

Will Greenwald