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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.
en.wikipedia.org/wiki/Movie_Gallery
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.
In 2013, an independent businessman in Jackson, Mississippi, acquired the trademark rights in Mississippi to Movie Gallery and Hollywood Video and announced intentions to reopen select previously profitable stores.
Apr 16, 2010 · But the prevailing sentiment that Movie Gallery and its Oregon-grown subsidiary Hollywood Video were living on borrowed time came to pass in early May, when the company announced it will liquidate its merchandise and close all stores.
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 10, 2010 · The acquisition made Movie Gallery the second-largest rental chain in the country but it has been forced to close more than 2,400 of its stores in the past three years, according to court...
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...
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SAN FRANCISCO (MarketWatch) - Video rental firm Movie Gallery Inc. completed its $1.25 billion acquisition of rival Hollywood Entertainment Wednesday, creating the second largest home...