Steve Mehs
12-11-02, 04:02 AM
NBC completed its acquisition of Bravo from Cablevision. The transaction, valued at $1.25 billion, was announced last month. The proceeds were divided between Cablevision and Metro-Goldwyn-Mayer, which owned 80 percent and 20 percent of Bravo. Under terms of the transaction, NBC exchanged 53.2 million shares of Cablevision Class A common stock, valued at $672 million, which were held by NBC on a fully converted basis.
From SkyReport (http://www.skyreport.com/skyreport/dec2002/121102.shtm#five) (Used with Permission)
From SkyReport (http://www.skyreport.com/skyreport/dec2002/121102.shtm#five) (Used with Permission)