Two Fronts in Weather Forecast

Farrell, Mike
May 2008
Multichannel News;5/26/2008, Vol. 29 Issue 21, p34
The article reports on the auction for the Weather Channel between Time Warner Inc. and NBS Universal which emerged as the leading bidders. The expected bid offers is between $3.5 billion and $4 billion. Time Warner gain $9.25 billion from the spinoff of its Time Warner Cable unite, while NBC Universal has paired up the Blackstone Group in its bid. The auction started in January with owner Landmark Communications asked for $5 billion for the network and its web site.


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