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.

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)

 
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