Hearst Bids for Station Group

Mar 26, 2009  •  Post A Comment

Hearst Corp. offered $375 million to buy the one-third stake it doesn’t already own of Hearst-Argyle Television, the Wall Street Journal reports. The $4 a share bid cones two years after shareholders rejected a $23.50 offer from Hearst that was rejected as inadequate, the paper says.
—Jon Lafayette

Your Comment

Email (will not be published)