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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.
Apr 16, 2010 · The deal gave Movie Gallery close to 4,500 retail locations. “When everybody else was doing kiosks and mail and even digital, Movie Gallery did nothing, or even the opposite,” Arnold says.
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...
In 2005 Movie Gallery bought Hollywood Video, gaining Hollywood's office space in Oregon. [25] Movie Gallery operated its Oregon office out of the space, [28] and Hollywood Video, now a subsidiary of Movie Gallery, maintained its headquarters in Wilsonville. [29]
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.
May 3, 2010 · Movie Gallery owns the Game Crazy and Hollywood Video brands. It was not immediately apparent if the company would also close the over 180 stores it operates in Canada. More than 15,000...
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Feb 3, 2010 · The acquisition made Movie Gallery the No. 2 rental chain in the country behind Blockbuster Inc. but it has been forced to close more than 2,400 of its stores in the past three years, leaving...