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Scripps wins Travel Channel, Cox avoids tax (from Corporate Dealmaker)

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...

Posted on November 5, 2009 9:22 AM

Digital strategies: Scripps divides, Gannett absorbs (from Corporate Dealmaker)

Here's an optimistic thought about the future of the troubled newspaper business: With all the different things people are trying, somebody must be getting it right.Tuesday's news is that Gannett Co. Inc. will buy out partners Tribune Co. and McClatchy Co. in ShopLocal LLC, a  marketing and database services company,...

Posted on July 8, 2008 11:38 AM