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B’buster stock good to Huizenga

Blockbuster Entertainment Corp.’s chairman and chief executive H. Wayne Huizenga realized $ 15 million during 1993 by exercising options to acquire the company’s stock.

During 1993, Huizenga received options to buy 385,715 shares, which were valued at between $ 10.99 million and $ 17.5 million based on stock price appreciation rates of between 5% and 10%, the company said.

Huizenga continues to hold onto about 4.56 million exercisable options, valued at about $ 93 million, according to an SEC filing.

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