NEW YORK—NBC Universal and two partners said Sunday they have reached a deal to buy The Weather Channel from Landmark Communications Inc., ending a drawn-out process that had attracted interest from several major media companies.
Financial...
NBC Universal and private equity heavyweights Bain Capital and Blackstone Group have sealed the deal to acquire the Weather Channel from Landmark Communications.
Financial terms were not disclosed, but its understood that the purchase price...
NORFOLK -- Landmark Communications Inc. of Norfolk has agreed to sell The Weather Channel Cos. to a consortium of NBC Universal and two private equity firms, the companies announced Sunday.
Neither Landmark nor NBC disclosed the price. But people...
Blog-posts
The Weather Channel deal is finally done, and announced on a lazy, bright and clear July 4th weekend Sunday: Landmark Communications has agreed to sell The Weather Channel to a consortium of NBC Universal (NYSE: GE) and two private equity firms,...
An investor group led by NBC Universal and two private equity firms clinched a deal for the Weather Channel on Sunday, after three weeks of negotiations over the sale of the weather news giant.
Though the parties did not disclose the price, the buyers...
