Hearst Increases Hearst-Argyle Bid

Apr 28, 2009  •  Post A Comment

Hearst Corp. has increased its bid for the shares of the Hearst-Argyle station group that it doesn’t already own to $4.50 a share, up from $4, MediaPost reports. Hearst said discussions with two independent Hearst-Argyle directors led the company to increase the bid, and that the company now expects the directors to endorse the deal, the trade paper says.
—Aimee Picchi

Your Comment

Email (will not be published)