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Access here alternative investment news about Apollo Nears $3 Bn Deal To Buy Cox Enterprises' 14 Regional Tv Stations | Business Standard News
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Apollo Nears $3 Bn Deal To Buy Cox Enterprises' 14 Regional Tv Stations | Business Standard News

by business-standard.com posted 4days ago 7 views
Cox and Apollo are also discussing some joint venture agreements for Cox's broadcast station in Atlanta. : Apollo Global Management LLC is nearing a roughly $3 billion agreement to acquire Cox Enterprises Inc's 14 regional TV stations, the biggest in a series of deals the private equity firm is lining up to become a force in US broadcasting, people familiar with the matter said on Sunday. Cox, a privately held media conglomerate whose holdings span automotive websites, newspapers and cable TV, has been seeking to exit the regional TV sector, which is going through a wave of consolidation.

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