Private equity giant Apollo Global Management has cut a deal with Atlanta-based Cox Enterprises to buy a majority stake in Cox’s 13 TV stations as well as three newspapers and a handful of radio stations in Ohio. Apollo has been in the hunt for broadcast TV stations for some time.
Apollo Global Management Buys Majority Stake In Cox Tv Stations
Cynthia Littleton, Variety
Fri, 02/15/2019 - 3:09pm
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Sony Pictures Entertainment and Apollo Global Management ... for the deal for the 28 TV stations that CBS owns given that FCC rules bar a foreign entity from having majority ownership control ...
04/18/2024 - 1:40 pm | View Link - More
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