Blockbuster threatening hostile offer for rival
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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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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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Despite generous offer, software company says rival bids could emerge.
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Blockbuster's recent moves seem to indicate that misery loves companies.
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Blockbuster Inc. is in talks to buy movie download service Movielink for under $50 million in cash and stock, a source familiar with the situation said on Thursday.
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Blockbuster tries to remove Hollywood Entertainment from its list of ferocious competitors.
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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.  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., 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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Amid speculation the French oil group Total could attempt a hostile takeover of rival Royal Dutch/Shell, remarks by a top Total executive and market analysts suggest the time is not right for such a move.
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PORTLAND, Ore. Dallas-based Blockbuster Incorporated may have more competition in its bid to acquire Hollywood Video. Billionaire Carl Icahn has jumped into the Hollywood Video takeover fray.
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NEW YORK (CBS.MW) -- Blockbuster Inc. wants to acquire rival Hollywood Entertainment for $700 million in a move that would broaden Blockbuster&#39;s standing as the world&#39;s largest movie rental company.
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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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Fort Worth, Texas - Blockbuster is tired of being the butt of jokes on Leno and Letterman. And, even closer to home, it wants to eliminate what the company&#39;s president calls &quot;those unpleasant conversations at the register.
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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. 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. (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.