Blockbuster revealed plans for hostile takeover for Hollywood ...
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Blockbuster Inc. threatens Hollywood Entertainment Group with a hostile takeover if the board does not decide on negotiating over the its tender offer for the purchase of all outstanding shares at the price of $11.50 a share in cash.
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Blockbuster on Thursday said it has contacted Hollywood Entertainment Corp. about acquiring its top rival for $700 million. Hollywood shares jumped 13.
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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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&quot;The proposal Blockbuster is prepared to make is clearly in the best interests of Hollywood and Blockbuster shareholders as well as consumers,&quot; says Blockbuster CEO John Antioco.
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Blockbuster Inc. is offering lower-priced plans for online movie rentals as it competes with Netflix Inc. in a market that it said could grow 43 percent this year.
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Movie-rental company Blockbuster Inc.  is in advanced talks to acquire Movielink LLC, an online movie-downloading company owned by the major Hollywood studios, the Wall Street Journal said on Thursday, citing people familiar with the matter.
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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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The head of Hollywood Entertainment Corp.'s abruptly resigned a day after Blockbuster Inc. announced a hostile bid of nearly &#36;1 billion for its smaller movie rental rival, which has already agreed to be acquired for less by a third rental industry player, Movie Gallery Inc.
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The nation&#39;s leading chain of video rental stores has raised the stakes on Hollywood Entertainment Corp. (NASDAQ: HLYW). Dallas-based Blockbuster Inc.
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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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Video rental giant Hollywood Entertainment Corp. has agreed to a buyout offer of nearly &#36;850 million from smaller rival Movie Gallery Inc. in a deal that would create a stronger challenger to the industry leader, Blockbuster Inc.
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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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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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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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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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Hollywood Entertainment's board wants shareholders to accept the lowest buyout offer. That's called negotiating?
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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.