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Movie Gallery Gets Antitrust Approval for Hollywood Entertainment Merger

Authored by Mark Hefflinger on February 14, 2005 - 10:45am.
Dothan, Ala. -- Movie Gallery, the nation's third-largest movie rental store chain, announced on Monday that antitrust regulators have approved its proposed acquisition of Hollywood Entertainment, the nation's second-largest rental chain. Alabama-based Movie Gallery bid $13.25 per share for Hollywood, or about $900 million. Blockbuster has also bid over $1 billion for the company, but its proposal is still under antitrust review at the Federal Trade Commission.
http://biz.yahoo.com/prnews/050214/nym106_2.html
http://biz.yahoo.com/ap/050214/movie_gallery_hollywood_3.html
http://www.moviegallery.com 
http://www.hollywoodvideo.com

tags: Antitrust | Hollywood | Merger | Movie Gallery |



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