Blockbuster Upping Offer for Hollywood Video
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12/29/04- Blockbuster is stepping up the pressure in its bid to take over rival video rental chain Hollywood Video. Blockbuster says it will present its $11.50-per-share offer for Hollywood Entertainment directly
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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.
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Blockbuster Inc. (BBI.N: Quote, Profile, Research) on Wednesday offered to raise its unsolicited bid for Hollywood Entertainment Corp.
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Video rental company Movie Gallery Inc. became the third company to vie for Hollywood Entertainment Corp., claiming Friday that its offer was more likely to win antitrust approval than the $700 million bid made by industry leader Blockbuster Inc.
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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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The move marks the latest twist in an ongoing battle with Netflix and Wal-Mart. Blockbuster, the nation&#39;s largest movie-rental chain, is cutting the price of a monthly subscription to its online mail-delivery service to $14.99.
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NEW YORK, Sept. 8 -- Viacom Inc., the media company that owns CBS and MTV, offered investors a financial incentive to buy shares of the Blockbuster Inc.
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Video rental chain Movie Gallery Inc. on Friday said it has made an offer to acquire Hollywood Entertainment Corp., countering a &#36;700 million takeover proposed last week by Blockbuster Inc. and a pending bid from a Los Angeles buyout firm.
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Movie Gallery Inc. MOVI.O on Friday  offered to buy rival movie rental chain Hollywood Entertainment  Corp. HLYW.O for an undisclosed sum, one week after industry  leader Blockbuster Inc. BBI.N bid about $700 million for  Hollywood.
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Dallas-based Blockbuster Inc. said Tuesday that it is prepared to make a hostile-takeover bid for rival Hollywood Entertainment Corp.
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Blockbuster Inc.  on Monday put  its weight behind Sony Corp.&#39;s Blu-ray DVD format, as the No. 1  video rental chain said it would boost its inventory of the  high-definition discs to 1,700 stores by mid-July.
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Blockbuster Inc., the largest US video store chain, may turn its $700 million bid for Hollywood Entertainment Corp. into a hostile takeover attempt if the smaller company&#39;s board doesn&#39;t cooperate.
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Blockbuster Inc. said yesterday 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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NEW YORK -- Blockbuster Inc. said Tuesday it plans to âcommence a cash tender offer by mid-January to purchase all of the outstanding shares of Hollywood Entertainment Corp.
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Blockbuster Inc., the largest US video store chain, threatened Tuesday to make a $700 million hostile takeover offer for Hollywood Entertainment Corp.
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NEW YORK -- Blockbuster appears to have kicked off a bidding war for Hollywood Entertainment on Thursday after the No. 1 video retailer said it&#39;s prepared to offer about $742 million for its closest, albeit still distant, rival.
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Blockbuster (BBI:NYSE - news - research) Thursday has made a bid to buy its chief rival, Hollywood Entertainment (HLYW:Nasdaq - news - research), a move that would extend its position as the largest movie rental chain.