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07-07-2008, 06:12 AM
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Genetically Challenged
  
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The Weather Channel to be sold..
NBC Universal to buy Weather Channel... The GE unit seals deal after several media and cable companies had dropped out of bidding. Purchase price not yet disclosed but said to be $3.5 billion.
NEW YORK (AP) -- NBC Universal and two partners said Sunday they have reached a deal to buy The Weather Channel from Landmark Communications Inc., ending a drawn-out process that had attracted interest from several major media companies. Financial terms weren't disclosed, but a person familiar with the matter who insisted on anonymity said the purchase price was $3.5 billion in cash. NBC was joined in the deal by the private equity firms The Blackstone Group LP and Bain Capital LLC. In addition to The Weather Channel, which can be seen by 97% of U.S. cable subscribers, the deal also includes several related assets such as weather services for newspapers and radio stations and the widely used Web site Weather.com. Source - http://money.cnn.com/2008/07/06/news...=ib_topstories
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07-07-2008, 06:29 AM
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.·´¯`²ºº8~admin~²ºº8´¯`·.
 
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Re: The Weather Channel to be sold..
OMG, Now NBC will put their political spin on the weather too. Lame
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07-07-2008, 06:34 AM
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CD Makeup Lover
 
Join Date: Jan 2008
Location: Terrapin Station
Posts: 4,015
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Re: The Weather Channel to be sold..
Quote:
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07-08-2008, 01:57 PM
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thrift store junkie
 
Join Date: Nov 2005
Location: Olympia, WA
Posts: 6,446
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Re: The Weather Channel to be sold..
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i like that one. |
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07-12-2008, 10:06 AM
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Millennium Talker
Join Date: Sep 2007
Location: Sparkle City, SC
Posts: 5,566
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Re: The Weather Channel to be sold..
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Every girl wants a man that she can go to in her sweats, hair a mess, make up running down her face, eyes red from crying and the first thing he says to her is "Baby, you're beautiful," and means it. |
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