Scripps Networks to acquire control of Travel Channel

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Scripps Networks to acquire control of Travel Channel

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11-05-2009, 11:21 AM	#1 (permalink)
Food Network Fan Site owner Join Date: Jul 2006 Location: West Virginia Posts: 16,421 Blog Entries: 11 Recipes: 14 Rep Power: 10	Scripps Networks to acquire control of Travel Channel Scripps Networks to acquire control of Travel Channel Explore related topics By David B. Wilkerson, MarketWatch CHICAGO (MarketWatch) - Scripps Networks Interactive, the parent of Food Network and HGTV, has signed a deal with Cox Communications Inc. that will give it a 65% stake in the Travel Channel. Cox will contribute the Travel Channel, valued at $975 million, while Scripps Networks Interactive will contribute $181 million in cash to a newly created partnership. MORE HERE I wonder if Anthony Bourdain is packing his bags? __________________

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