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Microsoft, others oppose Kmart Bluelight.com sale | |
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| Time: 11:01 EST/16:01 GMT | News Source: Reuters | Posted By: Byron Hinson | ||
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Kmart Corp, the bankrupt discount retailer, may get the red light in its bid to sell Internet unit Bluelight.com. Software giant Microsoft Corp and others have filed objections to the proposed $8.4 million sale of Bluelight.com to United Online Inc, citing software licensing and tax issues among their concerns. The U.S. Bankruptcy Court in Chicago is slated to hear Kmart's motion on the sale on Wednesday. | ||
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