text: Blockbuster Offers to Buy Hollywood Chain &lt;p&gt;\&lt;/p&gt;&lt;p&gt; CHICAGO (Reuters) - Blockbuster Inc. &lt;BBI.N&gt;, the largest\U.S. video rental chain, on Thursday said it has contacted\Hollywood Entertainment Corp. &lt;HLYW.O&gt; about acquiring its top\rival for \$700 million.&lt;/p&gt;