Blockbuster bids $700 million for rival Hollywood Entertainment
Blockbuster Inc. offered $700 million for Hollywood Entertainment Corp to combine as the No. 1 and No. 2 video rental players. No substantive talks on terms occurred, while Hollywood already had a private buyout plan with its chairman and a buyout firm, and welcomed Blockbuster’s approach.
MENTIONED IN THIS ARTICLE
Daleas
Blockbuster Inc
Hollywood Entertainment Corp
Blockbuster
No. 2
Hollywood Entertainment
Hollywood
Moraine Materials grows with 175 trucks and peak sales
Moraine Materials, a Franklin based concrete producer with 175 trucks and 260 employees, aims for $50 million revenue in 2004 as it expands from Middletown toward Cincinnati Dayton and Oxford. The firm, founded in 1934 by George Kling, is part of a regional consolidation trend in the concrete business and has added three acquisitions in the past year.
MENTIONED IN THIS ARTICLE
Franklin
Middletown
Troy
Wilmington
Kentucky
Concrete Producer Magazine
Commerce Center Drive Company
United States
Moraine Materials
George Kling
Kling
Oxford State
Cincinnati-Dayton
Ohio
Grorce Kaine
Daily Market Roundup on Truck Tracking and Family Business
The article details Justin Winkler tracking 37 trucks via satellite at a company where his grandfather and long-time employee Dick England connected three-year tenure. It notes the Franklin move integrating order-taking with dispatch, Kling's 1986 buyout to sole ownership, Moraine Materials aiming to stay family-run, and Cemex leading the market with $2 billion third quarter 2004 sales.
MENTIONED IN THIS ARTICLE
Justin Winkler
Dick England
Winkler
Franklin
Dispatch
Kling
Cemex
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