Report: Cox Enterprises nearing $3B deal to sell its TV stations

//Report: Cox Enterprises nearing $3B deal to sell its TV stations

Report: Cox Enterprises nearing $3B deal to sell its TV stations

Atlanta-based media giant Cox Enterprises Inc. is in talks to sell its TV stations to Apollo Global Management LLC for nearly $3 billion, CNBC reported citing unnamed sources. Read the full story here. "Cox Media Group and Apollo are also discussing some joint venture agreements for Coxs broadcast station in Atlanta, where Cox is headquartered and also has radio stations, the sources said," CNBC said. A deal "could be announced later this week," the sources told CNBC. Cox announced last July it…

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By | 2019-02-11T22:56:16+00:00 February 11th, 2019|Media|

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