Hollywood Mulls Blockbuster Bid
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Hollywood Entertainment Corp.'s  HLYW.O founder and chief executive unexpectedly resigned on  Thursday as the movie renter's board began weighing a hostile  takeover bid from archrival Blockbuster Inc. BBI.N.
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Blockbuster Inc. launched a hostile $991.6 million offer yesterday to acquire smaller rival Hollywood Entertainment Corp. , escalating a two-way takeover battle for the video rental chain.
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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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Blockbuster Inc. (BBI.N: Quote, Profile, Research) on Wednesday offered to raise its unsolicited bid for Hollywood Entertainment Corp.
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The unexpected windfall from DVD sales have become the wild card in HollywoodÂs negotiations with the Screen Actors Guild.
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Blockbuster tries to remove Hollywood Entertainment from its list of ferocious competitors.
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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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Blockbuster Inc. , the largest U.S. video rental chain, on Thursday said it has contacted Hollywood Entertainment Corp.  about acquiring its top rival for &#36;700 million.
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NEW YORK -- Blockbuster Inc. said Tuesday it plans to âcommence a cash tender offer by mid-January to purchase all of the outstanding shares of Hollywood Entertainment Corp.
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Blockbuster Inc. is in talks to buy movie download service Movielink, including long-term contracts with Hollywood's major studios to supply films and TV shows, for under $50 million in cash and stock, a source familiar with the situation said on Thursday.
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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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Blockbuster Inc. said yesterday 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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Why didn&#39;t shares of video rental chain Hollywood Entertainment (Nasdaq: HLYW) move much yesterday on news that Blockbuster (NYSE: BBI) plans to make a tender offer for its shares next
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Blockbuster Inc. is in talks  to buy movie download service Movielink, including long-term  contracts with Hollywood's major studios to supply films and TV  shows, for under $50 million in cash and stock, a source  familiar with the situation said on Thursday.
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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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Hollywood Entertainment Corp. said Thursday it has filed documents with the Federal Trade Commission seeking approval of a proposed &#36;850 million merger with Movie Gallery Inc. that would create a larger rival to Blockbuster Inc., the nation's largest video chain.
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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.