Scripps wins Travel Channel, Cox avoids tax
Posted on November 5, 2009 at 9:22 AM
Filed under: Best Practices | Corporate Strategy | Joint Ventures and Alliances | Middle market
Tagged: Cox Communications , Kenneth Lowe , Scripps Networks , Travel Channel
Filed under: Best Practices | Corporate Strategy | Joint Ventures and Alliances | Middle market
Tagged: Cox Communications , Kenneth Lowe , Scripps Networks , Travel Channel
Scripps Networks Interactive Inc. (NYSE:SNI) is taking a 65% stake in Travel Channel Media, valuing the cable network at about $975 million -- the high end of analyst valuations. Cox Communications Inc. (NYSE:COX) will retain a 35% stake, spinning it off into a so-called leveraged joint venture. Scripps will... Continue reading

























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