Sams buys more than 1 million shares of Blockbuster

By Lisa Kerner

Charlotte, N.C., Nov. 12 - Blockbuster Inc. investors led by Marlins Sams Fund, LP upped their stake in the company to 6.3% from 5%.

Sams purchased 1.05 million shares of the company's stock between Oct. 30 and Nov. 12 at prices from $0.45 to $0.89 each.

The transactions were reported in a schedule 13D/A filed with the Securities and Exchange Commission.

Between Aug. 19 and Oct. 27, Sams acquired 1.8 million shares of Blockbuster priced from $0.50 to $1.75 each, according to a prior SEC filing.

Sams beneficially owns 4.5 million shares of the Dallas-based company, which provides in-home movie and game entertainment.

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