DISH Network completes acquisition of Blockbuster assets
Improving the experience of delivering entertainment
ENGLEWOOD, Colo.—DISH Network Corporation is pleased to announce it has completed its acquisition of substantially all of the assets of Blockbuster, Inc.
"We are pleased to have purchased the assets of Blockbuster and look forward to building on the nationally recognized Blockbuster brand while improving the experience of delivering entertainment to consumers," said Tom Cullen, executive vice president for DISH Network.
DISH Network Corporation, through its subsidiary DISH Network L.L.C., provides more than 14.1 million satellite TV customers, as of Dec. 31, 2010, with the highest quality programming and technology with the most choices at the best value, including HD Free for Life. Subscribers enjoy industry-leading customer satisfaction, the largest high definition line-up with more than 200 national HD channels, the most international channels, and award-winning HD and DVR technology. DISH Network Corporation is a Fortune 200 company.
CARSON, Calif. — Attorney General Kamala Harris and the Federal Trade Commission announced today that they have approved Tesoro’s $2 billion acquisition of a BP refinery in Carson.
Harris said the agreement she reached with Tesoro and BP would preserve jobs, ensure environmental retrofitting of the facility and protect from spikes in gas prices.
LOS ANGELES, Calif. — Los Angeles-based BBCN Bancorp Inc. and Chicago-based Foster Bankshares Inc. announced a merger deal today that would make BBCN the leading Korean American bank in Chicago and position it to serve the Washington, D.C., market.
“This partnership underscores BBCN’s strategic objective to be the dominant Korean American bank in the markets in which we operate,” said Kevin S. Kim, chairman and chief executive officer of BBCN Bancorp.
WESTLAKE VILLAGE, Calif.—Tennis shoe manufacturer Kswiss Inc. today reported losses for the fourth quarter of 2012 and for the entire year, although they were not as severe as the year before.
The company said in an earnings statement issued from its Westlake Village headquarters that it recorded a net loss of $14.5 million, or 41 cents per diluted share, in the fourth quarter, compared with a loss of $25.1
million, or 71 cents per share, in the previous fourth quarter.
WESTLAKE VILLAGE, Calif.—Dole Food Co. Inc. announced today that it has acquired all of the capital stock of the parent of SunnyRidge Farm Inc., one of the top fresh blueberry companies in the United States.
SunnyRidge also sources and sells blackberries, strawberries and raspberries.
Terms were not disclosed.
MANHATTAN BEACH, Calif.—California Pizza Kitchen Inc. and Golden Gate Capital today announced the completion of the previously announced acquisition of the Los Angeles-based restaurant chain for $18.50 per share in cash, or about $470 million.
On May 24, the companies announced that CPK and some affiliates of Golden Gate Capital Opportunity Fund had signed a merger agreement.
California Pizza Kitchen was founded in 1985. Of the chain’s 265 restaurants, 205 are company-owned and 60 operate under franchise or license agreements.