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Outdoor Channel sells membership division for $3.6 mln

Wed Apr 25, 2007 9:07am EDT

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April 25 (Reuters) - Outdoor Channel Holdings Inc. (OUTD.O) said it would exit its membership division segment businesses for $3.6 million in cash, to focus on its core national television network devoted to traditional outdoor programming.

Mergers & Acquisitions

The company said it will sell the businesses Gold Prospector's Association of America LLC (GPAA) and LDMA-AU Inc. to Outdoor's Vice Chairman Thomas Massie. (Reporting by Savitha Kalyanaraman in Bangalore)

Mergers & Acquisitions


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