Blockbuster Interested in Hollywood Chain
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Blockbuster Inc. BBI.N, the largest  U.S. video rental chain, on Thursday said it has contacted  Hollywood Entertainment Corp. HLYW.O about acquiring its top  rival for $700 million.
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Blockbuster Inc. (BBI.N: Quote, Profile, Research) , the largest US video rental chain, on Thursday said it has contacted Hollywood Entertainment Corp.
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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 Inc. said on Tuesday it remains committed to acquiring Hollywood Entertainment Corp. despite an &#36;850 million bid for the No. 2 video chain by Movie Gallery Inc. last week.
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FORT WORTH, Texas -- The Movie Gallery video rental chain said Friday it&#39;s offered to acquire video rental rival Hollywood Entertainment.
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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. 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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No. 1 video rental chain says price would be $11.50 cash for each share of Hollywood, possibly more. NEW YORK  - Blockbuster Inc.
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DALLAS -- Blockbuster Inc. , facing new attacks from big retailers and online operators, has offered $700 million for rival Hollywood Entertainment Corp. in a bid to combine the two biggest players in the movie-rental industry.
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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. is in talks  to buy movie download service Movielink, including long-term  contracts with Hollywood's major studios to supply films and TV  shows, for under $50 million in cash and stock, a source  familiar with the situation said on Thursday.
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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 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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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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Shares of Hollywood Entertainment Corp. rose sharply on Friday on mounting speculation that the No. 2 U.S. movie rental chain could get rival bids topping Blockbuster Inc.'s offer to buy the company for about &#36;700 million.
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Viacom Inc. (VIAb.N: Quote, Profile, Research) has begun a share exchange offer to split off its Blockbuster Inc. (BBI.N: Quote, Profile, Research) unit and put the video rental chain
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Blockbuster Inc., facing new attacks from big retailers and online operators, has offered &#36;700 million for rival Hollywood Entertainment Corp. in a bid to combine the two biggest players in the movie-rental industry.