Scripps Networks To Buy Controlling Stake in TVN
Scripps Networks is set to acquire a 52.7 percent interest in Poland’s TVN for about $617 million, the acquirer said in a news release Monday. The U.S. programmer will also assume about $887 million in debt in the deal, which…
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is subject to regulatory approvals under Polish law, it said. TVN had a 22 percent share of Polish viewing in 2014, Scripps Networks said.