Blockbuster Could Raise Bid for Hollywood
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Blockbuster Inc.  on Wednesday offered to raise its unsolicited bid for Hollywood Entertainment Corp. , but said it was denied access to the rival movie chain's books, making a friendly offer unlikely.
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Blockbuster Inc. said Tuesday it will launch a hostile bid for Hollywood Entertainment Corp. next month if the rival&#39;s directors won&#39;t negotiate a deal.
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As part of a special promotion, Blockbuster has cut prices again. But will it be enough?
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Video rental chain Hollywood Entertainment Corp. , which may face a hostile takeover bid by industry leader Blockbuster Inc. , on Monday agreed to be bought by smaller rival Movie Gallery Inc.  for &#36;850 million.
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DALLAS-Blockbuster Inc. plans to launch an $11.50 per share, cash tender offer to shareholders for Hollywood Entertainment next month in the latest move to acquire its largest competitor.
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Blockbuster Inc. BBI.N, the No. 1  U.S. video rental chain, on Tuesday threatened to launch a $1  billion hostile bid for Hollywood Entertainment Corp. HLYW.O  if its smaller rival decides to stick with a previous offer  from a buyout firm.
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Hollywood Entertainment Corp. HLWY.O  on Thursday said it is considering a takeover bid from rival  Blockbuster Inc. BBI.N and its founder and Chief Executive  Mark Wattles has resigned.
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Blockbuster Inc. on Monday put its weight behind Sony Corp.'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., which is struggling for growth as the Internet transforms the movie-rental business, said Tuesday that it&#39;s prepared to launch an unsolicited takeover bid for rival Hollywood Entertainment Corp.
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Blockbuster has stepped up the pressure on Hollywood Entertainment by threatening to take its $700m (Â£362m) offer for the rival US video rental chain hostile if its management does not agree to negotiate.
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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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Right to privacy? No doubt emboldened by Carl Icahn&#39;s interest in the matter, Blockbuster (nyse: BBI - news - people ) said it may approach Hollywood Entertainment (nasdaq: HLYW - news - people ) investors directly with an offer.
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The battle for video and DVD rentals heated up this week as Blockbuster indicated it would seek to buy out rival Hollywood video and would do so by hostile takeover if necessary.
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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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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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Blockbuster Inc., the nation's largest movie-rental chain, said Tuesday it is still interested in buying Hollywood Entertainment Corp., despite its smaller rival's agreement last week to be purchased by another competitor, Movie Gallery Inc., for about &#36;850 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.