A consortium of Bain Capital, Blackstone and NBC Universal has acquired The Weather Channel for about $3.2bn, beating Time Warner in a private auction after Landmark Communications put The Weather Channel and some other media properties up for sale.
Michelle Wong, 09 July 2008
The growth in online gaming continues with the acquisition of Bigpoint, a German-based computer games website, by NBC Universal’s Peacock Equity Fund and GMT Communications Partners, the UK-based private equity group. This investment is another indication of traditional media companies’ growing...
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Simon Fox, 09 June 2008