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Tribune Asset Dump Boosted By Real Estate

Downsizing in the publishing space has occasionally created an opening for opportunistic real estate buyers, as demonstrated by the asset sales materializing out of Tribune.

Katz’s Oilers Deal Gets $100M Financing

Canadian pharmaceutical group chairman buys out Edmonton’s ice hockey team, plans in offing for new arena.

Satmex Explores Possible Sale

The Mexican satellite operator has announced that it will use Perella Weinberg Partners as the financial advisor.

NBC Universal, Partners, Buy Weather Channel

Seller, Landmark Communications, now faces the challenge of divesting less desirable print and station affiliate broadcast properties in a down market.

Circuit City Continues Considering Choices

Dissolution of Blockbuster bid hits retailer’s shares hard.

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Articles

Cengage Buys Houghton Mifflin's College Unit

Cengage Learning completed its $750 million deal to acquire the college division assets of Houghton Mifflin.

CKX Amends Sale

After nearly a year since the original offer, Nasdaq-listed CKX Inc. reached a new deal with 19X Inc. resulting in a management buyout valued at $12 a share. The agreement represents a discount to the previous transaction with 19X, inked last June, which had valued the company as high as $13.75 a share, or $1.3 billion, but was subject to adjustment based on the company's stock price.

Pearlstine Back to the News

Norman Pearlstine is leaving The Carlyle Group to fill a newly created position at Bloomberg LP, chief content officer.

Weather Channel Auction Whittled to Two

Fresh off of its $1.75 billion acquisition of CNET, CBS Corp. could be closing in on the acquisition of Landmark Communications' The Weather Channel. It will have to fend off NBC Universal, according to a source familiar with the auction, who notes that the bidding has largely been whittled down to the two TV giants.

Clear Channel Buyers Agree to Lower Price

Clear Channel Communications and the buyers hoping to take it private settled lawsuits against the lending syndicate financing the take private deal, and agreed to lower the acquisition price, from $39.20 a share to $36 a share.

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