Blockbuster threatens target with hostile move
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Blockbuster has stepped up the pressure on Hollywood Entertainment by threatening to take its $700m (Â£362m) offer for the rival US video rental chain hostile if its management does not agree to negotiate.
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The battle for video rental company Hollywood Entertainment Corp. heated up Tuesday as Blockbuster Inc. threatened to make a hostile $1 billion bid to buy its smaller rival
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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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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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DALLAS -- Blockbuster Inc. is cutting the cost of its monthly online rental service, the latest salvo in a price war with Netflix Inc. and Wal-Mart Stores Inc.
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Blockbuster Inc. BBI.N, the largest  U.S. video rental chain, on Tuesday unveiled plans to launch a  $1 billion hostile bid for Hollywood Entertainment Corp.  HLYW.O if the smaller rival kept spurning its advances.
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Blockbuster Inc., the nation's largest movie-rental chain, said Tuesday it is still interested in buying Hollywood Entertainment Corp., despite its smaller rival's agreement last week to be purchased by another competitor, Movie Gallery Inc., for about &#36;850 million.
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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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Blockbuster is said to be talking to movie download service Movielink over a possible acquisition, The Wall Street Journal reported on Thursday. The deal would be worth about $50 million in cash and stock.
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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. has decided that bigger is better in the battle to succeed against new technologies and a growing list of competitors.
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DALLAS-Blockbuster Inc. plans to launch an $11.50 per share, cash tender offer to shareholders for Hollywood Entertainment next month in the latest move to acquire its largest competitor.
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Hollywood&#39;s major studios intend to escalate their battle against illegal movie downloading by targeting the popular BitTorrent network and those who operate
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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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Don't buy without considering threat of entry, bargaining power, and more.
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Blockbuster Inc., the largest US video store chain, may turn its $700 million bid for Hollywood Entertainment Corp. into a hostile takeover attempt if the smaller company&#39;s board doesn&#39;t cooperate.
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Desperately trying to mollify its restive customers, Blockbuster Inc. said yesterday that it plans to effectively eliminate late fees on game and movie rentals, starting Jan. 1.