Blockbuster May Launch Hostile Bid for Hollywood
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Blockbuster Inc., the No. 1 U.S. video rental chain, on Tuesday threatened to launch a &#36;1 billion hostile bid for Hollywood Entertainment Corp. if its smaller rival decides to stick with a previous offer from a buyout firm.
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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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Movie Gallery Inc. on Friday offered  to buy rival movie rental chain Hollywood Entertainment Corp.  for an undisclosed sum, one week after industry leader  Blockbuster Inc. bid about $700 million for Hollywood.
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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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NEW YORK : Blockbuster, the leading US video rental chain, made a bid to swallow rival Hollywood Entertainment spotlighting the sector facing tough times due to emerging technology.
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Blockbuster Inc., the largest U.S.  video rental chain, on Thursday said it has offered to buy  competitor Hollywood Entertainment Corp. for about $700  million, topping Hollywood's agreement with a private buyout  firm.
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Blockbuster tries to remove Hollywood Entertainment from its list of ferocious competitors.
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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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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., 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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The EU is concerned that deals struck by Hollywood studios with HD DVD or Blu-ray Disc backers involve anticompetitive activity.
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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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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.
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Blockbuster gears up for an ill-fated digital download service.
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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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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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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.