Companies in Direct Talks for Weather Channel

Jun 6, 2008  •  Post A Comment

Formal bidding for the Weather Channel is over, with owner Landmark Communications now in direct talks with Time Warner Inc. and a group composed of NBC Universal, Blackstone Group and Bain Capital, Reuters reports, citing unnamed sources. Both sides are negotiating for the best contract and price, the wire service says. A decision is expected in the next few days, a source indicated to the wire service.
—Vlada Gelman

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