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Apollo Nears $3B Deal To Buy 14 Cox Tv Stations: Report

by marketwatch.com posted 6days ago 12 views
Apollo Global Management LLC is close to a $3 billion deal to buy 14 regional TV stations from Cox Enterprises Inc., Reuters reported Sunday night. The purchase may be announced this week, though sources told Reuters it was not yet a done deal. Cox would be the latest regional TV target of the private equity firm, after a bid to buy stations from Nexstar Media Group and a deal to buy the assets of Northwest Broadcasting.

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