Blockbuster may turn hostile on Hollywood
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Blockbuster increased the pressure on its smaller rival Hollywood Entertainment on Tuesday saying that it was prepared to make its $1bn offer for the video rental chain hostile if Hollywoodâs board did not cooperate.
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More and more movie fans are sharing films online, and hollywood doesn't like it. Should the studios fight or find a way to adapt?
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Blockbuster Inc. is offering lower-priced plans for online movie rentals as it competes with Netflix Inc. in a market that it said could grow 43 percent this year.
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Blockbuster Inc. said Tuesday it will launch a hostile bid for Hollywood Entertainment Corp. next month if the rival's directors won't negotiate a deal.
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Standard &amp; Poor&#39;s on Thursday said it may cut its ratings on Blockbuster Inc.(BBI.N: Quote, Profile, Research) deeper into junk, citing the company&#39;s offer to buy competitor Hollywood Entertainment Corp.
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Blockbuster Inc. threatens Hollywood Entertainment Group with a hostile takeover if the board does not decide on negotiating over the its tender offer for the purchase of all outstanding shares at the price of $11.50 a share in cash.
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IF the latest takeover drama were a movie, it would probably be a straight-to-video tragicomedy. Last week, Blockbuster, the video rental chain, precipitated collective head-scratching
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Blockbuster Inc. has raised its bid for rival movie-rental chain Hollywood Entertainment Corp., launching a hostile cash and stock offer valued at $1.3 billion that it hopes will derail Hollywood's pending sale to Movie Gallery Inc.
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Blockbuster Inc. has begun a hostile takeover of its smaller rival, Hollywood Entertainment Corp. Dallas-based Blockbuster officials said Friday the company had approached Hollywood's creditors to buy around &#36;225 million of the video retailer's debt, roughly two-thirds of the Oregon company's overall debt.
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Little more than a year ago, it seems that a combination between the largest movie rental company, Blockbuster (NYSE: BBI), and the second-largest, Hollywood Entertainment (Nasdaq: HLYW), would have certainly raised antitrust questions.
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Blockbuster Inc. , the top U.S. movie rental chain, said on Wednesday it is willing to raise its bid for Hollywood Entertainment Corp. , a rival that has two other suitors looking to buy it.
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DALLAS Dallas-based Blockbuster Incorporated is gearing up for a hostile takeover of rival Hollywood Entertainment if the two don&#39;t progress on merger talks.
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Blockbuster Inc., the largest U.S.  video rental chain, on Thursday said it has contacted Hollywood  Entertainment Corp. about acquiring its top rival for $700  million.
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Shares of Blockbuster Inc.  were sharply higher on Thursday after Hollywood Entertainment's chief executive said he did not think an attempt to take his company private would succeed, which was taken as a sign Blockbuster could prevail in its bid to buy the U.S.' second-largest video rental chain.
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Tussle over next-generation DVD format could alienate consumers.
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Blockbuster is offering lower-priced plans for online movie rentals to compete with Netflix.
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Blockbuster Inc. (BBI.N: Quote, Profile, Research) , the largest US video rental chain, on Tuesday unveiled plans to launch a $1 billion hostile bid for Hollywood Entertainment Corp.