Diggings

A blog by Toby Dayton

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Archive for July, 2008

As Expected, NBC Buys Weather Channel

Surprising no one since all of the other bidders had dropped out, NBC, with support from Blackstone and Bain, purchased the Weather Channel and Weather.com for just under $3.5 billion. Landmark Communications, a private equity group owned by the Batten family and owners of the Weather Channel as well as a number of daily and [...]