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BUSINESS
November 25, 1991 | From Times Staff and Wire Reports
Blockbuster Bidding for British Chain: Blockbuster Entertainment Corp. said it was bidding $122 million for British video rental chain Cityvision. Blockbuster said the deal would bring together the leading British and U.S. video rental chains and create a base for expansion into continental Europe. If the bid succeeds, the major Dutch industrial group Philips Electronics might take a half-share of Blockbuster's expanded British operations.
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BUSINESS
November 16, 1999 | Bloomberg News
Infogrames Entertainment, Europe's No. 1 maker of video game software, said it will purchase a 70% stake in GT Interactive Software Corp. for $135 million in cash and notes. One of the nation's largest video game publishers, New York based-GT Interactive said in June it would seek a merger or a sale. The embattled company, publisher of the popular video games "Deer Hunter" and "Duke Nukem," fired 35% of its work force last month. (Jennifer Oldham)
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BUSINESS
November 16, 1999 | Bloomberg News
Infogrames Entertainment, Europe's No. 1 maker of video game software, said it will purchase a 70% stake in GT Interactive Software Corp. for $135 million in cash and notes. One of the nation's largest video game publishers, New York based-GT Interactive said in June it would seek a merger or a sale. The embattled company, publisher of the popular video games "Deer Hunter" and "Duke Nukem," fired 35% of its work force last month. (Jennifer Oldham)
BUSINESS
November 25, 1991 | From Times Staff and Wire Reports
Blockbuster Bidding for British Chain: Blockbuster Entertainment Corp. said it was bidding $122 million for British video rental chain Cityvision. Blockbuster said the deal would bring together the leading British and U.S. video rental chains and create a base for expansion into continental Europe. If the bid succeeds, the major Dutch industrial group Philips Electronics might take a half-share of Blockbuster's expanded British operations.
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