Discovery Holding And Advance/Newhouse Combine Stakes, Form New Holding Company
Dec 13, 2007 9:28 AM
Discovery Holding Company and Advance/Newhouse are combining their respective stakes in cable net Discovery Communications (NSDQ: DISCA) to form a new, unified holding company—making Discovery a fully public company. The two signed a letter of intent that will bring DHC’s 66 percent stake with Advance/Newhouse’s 33 percent stake in the…
Posted In: Media & Publishing, TV, Cable & Telecom, Money, advance/newhouse, david zaslav, discovery communications, discovery holding company
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