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January 06, 2007

* Blockbuster Inc. agreed to sell its Rhino Video Games chain to GameStop Corp. to focus on video rentals. Terms weren't disclosed. Rhino Video has 72 stores located in the Southeast.

* Abbott Laboratories won an appeals court ruling stopping Andrx Pharmaceuticals Inc. from selling generic versions of the antibiotic Biaxin XL until a patent suit is resolved.

* Adelphia Communications Corp.'s plan to end more than four years of bankruptcy protection and distribute $15 billion in cash and stock to creditors was officially confirmed by a Bankruptcy Court judge.

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