Scripps Networks, NBCU bid for Travel Channel: sources


By : Jui Chakravorty Das
Date posted :2009-08-20 05:42:00

NEW YORK (Reuters) - Scripps Networks Interactive and General Electric Co's NBC Universal are among media companies that have bid for Cox Enterprises' Travel Channel, in an auction expected to fetch $600 million to $700 million, two sources familiar with the matter told Reuters.

The first round of bids were due Tuesday, and a deadline for a second round has not been set yet, the sources said, requesting anonymity because the auction process has not been made public.

Cox, Scripps Networks and NBC Universal were not immediately available for comment.

Time Warner Inc, Comcast Corp, News Corp and IAC/InterActiveCorp were also expected to bid for the asset, according to the sources, but it was unclear if they had put in official bids yet. Goldman Sachs is handling the auction.

The Travel Channel is known for shows such as "Anthony Bourdain: No Reservations," in which Bourdain travels around the world to showcase local cuisines; and "Bizarre Foods with Andrew Zimmern," in which Zimmern tries out unusual delicacies such as lamb eyeballs, squirrel brains and tiger pie from places such as Tanzania and Nicaragua.


Read the full article.

[Back to Previous Page]



Featured Jobs

Browse Featured Jobs

Employers post a job here

New Jobs

Browse New Jobs


Find A Local Advertising Job



    Featured Employers

    3E Bed Bath & Beyond BI-LO Brooks Running
    buybuy BABY C & S Companies Cabela's Incorporated Carbonite
    Carestream Central Community College Christmas Tree Shops City of Hope
    Community Health Center, Inc. Compass Group Datto Foley Equipment
    Fresco Y Mas Harbor Freight Tools Harmon Harveys
    Ifbyphone, Inc. Information Services Group Integra LifeSciences InterContinental Hotels Group
    Interim HealthCare Interstate Batteries Keenan & Associates KPMG
    LMI Aerospace NeighborWorks America Nestle Purina O'Reilly Auto Parts
    Office Depot Packaging Corporation of America Phillips 66 Schaedler Yesco Distribution, Inc.
    Shimadzu Scientific Instruments, Inc. Southeastern Grocers Sun National Bank The Children's Village
    The Hanover Insurance Group The Nature Conservancy The Scotts Miracle-Gro Company Thorlabs
    tronc TSymmetry Union of Concerned Scientists US Ecology, Inc.
    Vermeer Midwest Winn Dixie World Market YRCI

    Partners

    Job Target One Click Recruitology