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

Hot Jobs

Browse Hot Jobs


Find A Local Advertising Job



    Featured Employers

    Accenture Autodesk, Incorporated Bed Bath & Beyond BI-LO
    Brooks Running buybuy BABY C & S Companies Cabela's Incorporated
    Carestream Central Community College Christmas Tree Shops City of Hope
    Community Health Center, Inc. Compass Group Datto Dormer Pramet
    Estes Express Lines FCA Group FirstEnergy Foley Equipment
    Genesis Energy, L.P. Harmon Harveys Hewlett-Packard
    Hobby Lobby Stores, Inc. Housing Works Ifbyphone, Inc. Information Services Group
    Integra LifeSciences InterContinental Hotels Group Interim HealthCare Keenan & Associates
    KPMG Lennox International Inc. LMI Aerospace Moody's
    NeighborWorks America Nestle Purina Northrop Grumman O'Reilly Auto Parts
    Office Depot Olympus Corporation of the Americas Packaging Corporation of America Parkview Health
    Phillips 66 Pilot Flying J Sandvik Sandvik Coromant
    Schaedler Yesco SciQuest Seco Tools Shimadzu Scientific Instruments, Inc.
    Silicon Valley Bank Sun National Bank T-Mobile The Children's Village
    The Fresh Market The Hanover Insurance Group The Nature Conservancy The Scotts Miracle-Gro Company
    The University of New Mexico Thorlabs tronc TSymmetry
    Union of Concerned Scientists US Ecology, Inc. Vermeer Midwest Walter
    Winn Dixie

    Partners

    IHire Job Target One Click Crosspost



    Diversityworking Ads


    Post Your Resume Now

    This website has been awarded the "preferred website" status
    in the Who's Who Guide


    Trade Pub