CBS is closing in on 50% stake in TV Guide Network, sources say

03/24/2013 | Wall Street Journal, The · Bloomberg Businessweek

CBS reportedly is in final talks to acquire half of TV Guide Network from One Equity Partners, which controls 49% of the channel and has the option to purchase another 1%. The expected $100 million deal would allow TV Guide Network, which is co-owned by Lions Gate Entertainment, to increase its reach and give CBS another cable venue for old and new programming.

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Wall Street Journal, The · Bloomberg Businessweek

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