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BX Blackstone Inc

121.50
3.51 (2.97%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Blackstone Inc NYSE:BX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  3.51 2.97% 121.50 121.725 118.67 119.19 3,417,735 01:00:00

Weather Channel In Talks With Banks on Strategic Options -Bloomberg

12/09/2014 8:23pm

Dow Jones News


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Owners of the Weather Channel Cos. have held talks with banks about strategic options for the cable network, including a possible sale, Bloomberg News reported Friday, citing people familiar with the matter.

Comcast Corp.'s (CMCSA, CMCSK) NBCUniversal Inc., Blackstone Group LP (BX) and Bain Capital, which bought the network in 2008 for about $3.5 billion, have held talks with J.P. Morgan Chase & Co. (JPM) and Goldman Sachs Group Inc. (GS) about options.

A formal process hasn't started and a bank hasn't been hired, the people told Bloomberg.

Full story at: www.bloomberg.com/news/2014-09-12/weather-channel-said-to-speak-to-banks-on-options-including-sale.html

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