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afx,uk,focus,2009,10,30,1656,update,1,news,corp,sni,lead,in,travel,channel,focus,on,jv (AFX UK Focus) 2009-10-30 16:56 UPDATE 1-News Corp, SNI lead in Travel Channel, focus on JV
NEW YORK, Oct 30 (Reuters) - News Corp and Scripps Networks Interactive are lead bidders for Cox Enterprise's Travel Channel, and talks are now focused on forming a joint venture to which the winning party would contribute some cable networks and cash, sources familiar with the matter told Reuters. Valuation for the joint venture is currently above $900 million, but "it is a bit complex and is ...
2009-10-30 - Interactive Investor