The Weather Channel deal is finally done on July 4th weekend Sunday.Landmark Communications has agreed to sell The Weather Channel to a consortium of NBC Universal (NYSE: GE) and two private equity firms, Bain Capital and The Blackstone Group. TWC will be operated as a separate entity, based in Atlanta as before, with management services [...]
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Weather Channel Sold to NBC for about 3.5 billion
July 6th, 2008 at 9:25 pm » Comments (0)
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