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Access here alternative investment news about Private Equity Mulling Local Tv Companies Tribune, Nexstar, Sinclair
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Private Equity Mulling Local Tv Companies Tribune, Nexstar, Sinclair

by cnbc.com posted 1month ago 13 views
In the hit HBO show "Succession," fictional TV mogul Logan Roy wants to buy local TV stations even though his kids tell him the industry is dead. Apollo Global Management, Providence Equity Partners and Blackstone Group LP are among the private equity firms interested in acquiring local TV assets, according to people familiar with the matter. Their targets could include Nexstar Media Group, Tribune Media, Sinclair Broadcast Group and 14 stations being sold by Cox Enterprises, said the people, who asked not to be named because the discussions are private. No deals are imminent, cautioned the people.