Blockbuster bid has new competition. (20-NOV-04) The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News)

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Blockbuster bid has new competition.

Publication: The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News)

Publication Date: 20-NOV-04

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Byline: Steve Quinn

Nov. 20--Blockbuster Inc. of Dallas has a new competitor in its attempt to buy Hollywood Entertainment Corp.

After the Movie Gallery bid Friday, Hollywood shares went up 85 cents to $12.53, more than a dollar over Blockbuster's $11.50 offer. Blockbuster fell 37 cents a share to $8.05.

Movie Gallery Inc., the No. 3 movie rental company, entered the bidding Friday without saying how much it would pay.

The offer...

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