Blockbuster may turn hostile with bid
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DALLAS Blockbuster, the largest US movie-rental chain, said Tuesday that it would introduce a hostile bid for Hollywood Entertainment next month if the rival&#39;s directors would not negotiate a deal.
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Blockbuster Inc., locked in a bidding war for Hollywood Entertainment Corp., announced Wednesday that it may sweeten its offer for the rival video renter.
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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 Inc.'s decision to end late fees and ever-expanding online options might not be enough to bring the video rental business back onto a growth track any time soon, but some industry observers predict that the sliding market for rental chains finally will start showing some signs of stabilization as 2005 unfolds.
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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. , the largest U.S. video rental chain, on Tuesday unveiled plans to launch a &#36;1 billion hostile bid for Hollywood Entertainment Corp.  if the smaller rival kept spurning its advances.
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Dallas-based Blockbuster Inc. announced Tuesday that itâs doing away with late fees starting Jan. 1. Watching a movie may now become the relaxed activity
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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 (BBI) will present its $11.50-a-share offer for Hollywood Entertainment (HLYW) directly to shareholders if the two companies do not advance toward a friendly transaction.
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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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A patent dispute challenged Blockbusterâs entry into online DVD rental. The company also signaled that the new business was taking a toll on its finances.
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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.
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(CBS/AP) Blockbuster Inc., plans to eliminate late fees on games and movies as of Jan. 1. But there is plenty of fine print, which suggests that the nation&#39;s biggest movie rental company is still struggling
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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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Video chain Blockbuster Inc on Friday said it would lower the price of its online DVD rentals to undercut a similar move by Netflix Inc. that sparked a stock a sell-off of both companies' shares.
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With an unconventional promotion, Blockbuster nets a new customer.
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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.