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Choices' acquisition bid stuck in legal battle. (Choices Entertainment Corp.; acquisition try of Cobb Enterprises Inc.)
BALTIMORE -- Choices Entertainment Corp., a locally owned chain of video stores that has struggled since its beginning in 1986, is embroiled in a lawsuit with a company it courted just last year.
Alabama-based Cobb Prime Time Video Inc. filed suit against Choices on Nov. 25 in U.S. District Court in Alabama, claiming Choices breached a July purchase agreement by not paying more than $200,000 it owed Cobb's owners.
Choices filed a counterclaim Dec. 27 in U.S. District Court in Baltimore, claiming it was Cobb's declining revenue that nixed the agreement.
As the matter enters the courts, Choices president Richard Smith claimed he still wants to buy the Alabama …
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Magazine article from: Baltimore Business Journal
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April 1, 1991
700+ words
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Magazine article from: Washington Business Journal
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Magazine article from: Baltimore Business Journal
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October 15, 1990
700+ words
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Magazine article from: Baltimore Business Journal
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Magazine article from: Baltimore Business Journal
October 15, 1990
700+ words
