Media Industry
Industry: Email Alert RSS FeedManagement buyout for US video rental chain.(Finance & Business)
Screen Digest, April, 2004
Hollywood Entertainment Corporation has signed off a definitive merger agreement with an affiliate of Leonard Green & Partners, a merchant banking firm, as the management takes the company private. Under the terms, Hollywood's shareholders will receive $14.00 per share in cash. The closing of the transaction is subject to certain terms and conditions customary for transactions of this type, including shareholder approval, receipt of anti-trust clearance and the completion of financing.
Hollywood Entertainment Corporation is the owner and operator of over 1,920 Hollywood Video superstores and 600 Game Crazy stores in US. The Hollywood Video rental chain is the second largest in the US and one of Blockbuster's main rivals. Hollywood Video: USA; 1/503 570 1600;...
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Arts Articles
- Slumdog comprador: coming to terms with the Slumdog phenomenon
- Still mining his Winnipeg: an interview with Guy Maddin
- It doesn't seem 'Canadian': quality television' and Canadian-American co-productions
- Second city or second country? The question of Canadian identity in SCTV'S transcultural text
- Hop on pop: jiangshi films in a transnational context
Most Recent Arts Publications
Most Popular Arts Articles
- What makes a successful business person? Business people who are tops in their field have a lot in common, and art professionals can learn a lot from their successes and strategies
- It's urban, it's real, but is this literature? Controversy rages over a new genre whose sales are headed off the charts
- The Arnolfini double portrait: a simple solution
- Toni Cade Bambara's use of African American Vernacular English in "The Lesson"
- Text and countertext in Rosario Ferre's "Sleeping Beauty."
