InterMedia increases offer to acquire Outdoor Channel

04/30/2013 | Reuters · Multichannel News

InterMedia has increased its offer to acquire Outdoor Channel from $8 a share to $9.15 a share. The network in March accepted an offer valued at $8.75 a share from Kroenke Sports & Entertainment. Outdoor Channel's stock in after-hours trading jumped to $9.65 a share, reflecting investor belief that Kroenke could make a counterbid.

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Reuters · Multichannel News

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