Tuesday, 4 March 2014

Channel 5 Takeover - FT: A trio of US cable network owners have entered the race to buy Channel 5

A trio of US cable network owners have entered the race to buy Channel 5, the UK television broadcaster owned by media baron Richard Desmond.
Viacom, Discovery Communications and Scripps Networks all put forward bids for the company on Thursday, according to people familiar with the process. The sale also drew an offer from Saban Capital.