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1. • • In order to create a stronger position against the hostile takeover, Hollywood Video agreed to a buyout on Monday, January 10, 2005, by its smaller competitor Movie Gallery.
     en.wikipedia.org/wiki/Movie_Gallery

     Movie Gallery - Wikipedia

2. en.wikipedia.org › wiki › Hollywood_VideoHollywood Video - Wikipedia

   en.wikipedia.org › wiki › Hollywood_Video

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   In response, Hollywood Video agreed to a buyout on January 10, 2005, by Movie Gallery, a smaller competitor. Movie Gallery paid $860 million, $13.25 per share, and the assumption of $380 million in debt.

3. oregonbusiness.com › 5813-the-final-cutWhy Hollywood Video failed - Oregon Business

   oregonbusiness.com › 5813-the-final-cut

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   Apr 16, 2010 · While some of the rental chains, including Hollywood and Blockbuster, tried to compete by introducing their own subscription and online services, Movie Gallery stuck to its tried-and-true guns and in 2005 acquired Hollywood Video in a $1.2 billion deal that included $350 million worth of Hollywood’s debt.

4. en.wikipedia.org › wiki › Movie_GalleryMovie Gallery - Wikipedia

   en.wikipedia.org › wiki › Movie_Gallery

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   In order to create a stronger position against the hostile takeover, Hollywood Video agreed to a buyout on Monday, January 10, 2005, by its smaller competitor Movie Gallery. Movie Gallery paid $860 million, $13.25 per share, and the assumption of $380 million in debt.

5. www.wikiwand.com › en › articlesHollywood Video - Wikiwand

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   In response, Hollywood Video agreed to a buyout on January 10, 2005, by Movie Gallery, a smaller competitor. Movie Gallery paid $860 million, $13.25 per share, and the assumption of $380 million in debt.

6. www.nbcnews.com › id › wbna37068852No. 2 rental chain Hollywood Video to close - NBC News

   www.nbcnews.com › id › wbna37068852

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   May 10, 2010 · Movie Gallery Inc., the owner of struggling movie rental chain Hollywood Video, is planning to close its remaining stores and liquidate as consumers are increasingly getting movies...

7. www.classmates.com › blog › listicleLooking Back on Movie Rentals: Blockbuster Video, Hollywood ...

   www.classmates.com › blog › listicle

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   Apr 16, 2021 · Movie Gallery focused on locations in mostly rural areas, and Hollywood Video opened in urban areas to compete with Blockbuster. Although it was at one point the second largest rental store, Hollywood Video ceased operations in 2010 when Movie Gallery filed for bankruptcy.

8. People also ask

   Why did Hollywood Video buy out Movie Gallery?

   • In order to create a stronger position against the hostile takeover, Hollywood Video agreed to a buyout on Monday, January 10, 2005, by its smaller competitor Movie Gallery. Movie Gallery paid $860 million, $13.25 per share, and the assumption of $380 million in debt.

   Movie Gallery - Wikipedia

   en.wikipedia.org/wiki/Movie_Gallery

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   Why did blockbuster buy out Hollywood Video?

   • In response, Hollywood Video agreed to a buyout on January 10, 2005, by Movie Gallery, a smaller competitor. Movie Gallery paid $860 million, $13.25 per share, and the assumption of $380 million in debt. Stocks closed at $13.85 on January 10 after this news. Blockbuster then dropped its purchase plans, citing antitrust concerns.

   Hollywood Video - Wikipedia

   en.wikipedia.org/wiki/Hollywood_Video

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   Who owns Hollywood Video?

   • Hollywood Video, a subsidiary of Movie Gallery, Inc., operated from Wilsonville, Oregon, as a DVD and video game rental shop chain in the United States. It was started in 1988 by former CEO Mark Wattles and his wife. The chain was the largest direct competitor of Blockbuster Video until it was purchased by Movie Gallery in 2005.

   Movie Gallery - Wikipedia

   en.wikipedia.org/wiki/Movie_Gallery

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   What happened to Hollywood Video?

   • Hollywood Entertainment Corp., more commonly known as Hollywood Video, was an American video rental store chain. Founded in 1988, the chain was the largest direct competitor to Blockbuster Video until it was acquired by Movie Gallery in 2005. It ceased operations in 2010, when Movie Gallery declared Chapter 7 bankruptcy.

   Hollywood Video - Wikipedia

   en.wikipedia.org/wiki/Hollywood_Video

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   When did Hollywood Video go out of business?

   • It was started in 1988 by former CEO Mark Wattles and his wife. The chain was the largest direct competitor of Blockbuster Video until it was purchased by Movie Gallery in 2005. Hollywood Video declared bankruptcy in February 2010 and announced that it would shut down three months later.

   Movie Gallery - Wikipedia

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   Did Hollywood Entertainment buy video watch?

   • Video Watch was the last of four video rental chains that had been targeted by Hollywood Entertainment for purchase. In November 1995, Hollywood Entertainment announced plans to open 90 stores in Michigan over the next three years. The company also planned to open more than 200 stores in 1996.

   Hollywood Video - Wikipedia

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9. www.reuters.com › article › lifestyleMovie Gallery files bankruptcy, to shut 805 stores | Reuters

   www.reuters.com › article › lifestyle

   Feb 3, 2010 · Movie Gallery Inc, operator of the Hollywood Video rental chain, filed for bankruptcy for the second time in three years after sales fell and losses mounted, and said it would close 805...