Kroenke Sports and Entertainment agreed to increase its...
Kroenke Sports and Entertainment agreed to increase its offer for Outdoor Channel Holdings to $9.35 per share. Outdoor Channel originally agreed to sell itself to Kroenke for $8.75 a share (CD March 14 p23). Outdoor will file with the SEC…
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a supplement to the definitive proxy statement describing the revisions to the merger agreement, including the increase in the consideration, Outdoor Channel said in a press release (http://bit.ly/124T0kO). Outdoor Channel’s board recommended stockholders vote to approve the amended merger agreement at the next stockholder meeting on Wednesday, it said.