Movie Gallery Bids on Hollywood Chain
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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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Film buffs can see a variety of domestic and foreign films during the Ida Rupp Public Library's cinema arts series starting Friday.
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Blockbuster Inc., the nation's largest movie-rental chain, inched closer to a bidding war for Hollywood Entertainment Corp., saying it is still interested in buying its smaller rival despite Hollywood's agreement to be purchased by another competitor, Movie Gallery Inc.
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Three top Hollywood studios are throwing their considerable weight behind one of two competing formats for the next generation of DVDs.
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Hollywood Entertainment Corp. discovered Friday that it might have another suitor in the suddenly crowded field bidding to take over the Wilsonville-based video rental chain.
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Movie Gallery Inc. said on Monday antitrust regulators have cleared its proposed merger with movie renter Hollywood Entertainment Corp., a step that could complicate a hostile bid from Blockbuster Inc. .
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Video rental giant Hollywood Entertainment Corp. has agreed to a buyout offer of nearly $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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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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- Movie Gallery Inc , the debt-plagued No. 2 U.S. movie rental company, said it plans to close about 520 underperforming and unprofitable Movie Gallery and Hollywood Video stores to save cash and reduce expenses.
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Movie Gallery Inc. said Friday it has offered to buy rival movie rental chain Hollywood Entertainment Corp. for an undisclosed sum, one week after Blockbuster Inc.
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Amazon.com and iTunes have joined the growing number of online venues selling movie files. USA TODAY's Mike Snider clicks through the latest way to get flicks.
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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. , the top U.S. movie rental chain, said on Wednesday it is willing to raise its bid for Hollywood Entertainment Corp. , a rival that has two other suitors looking to buy it.
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Ratings are based on the box office collections and the cost of the film.
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MovieBeam, a spin-off from Disney that became one of the first movie download services, has been acquired by Hollywood Video owner Movie Gallery for under $10 million. That number is a fraction of the $50 million it was recapitalized with last year.
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It's likely to be a  photo finish at the box office this weekend when three wide  releases targeting adults -- "Blood Diamond," "Apocalypto" and  "The Holiday" -- are sent out into the marketplace.
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LOS ANGELES  - It's likely to be a photo finish at the box office this weekend when three wide releases targeting adults -- "Blood Diamond," "Apocalypto" and "The Holiday" -- are sent out into the marketplace.