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AMC Networks Inc to Acquire Chellomedia From Liberty Global PLC


Monday, 28 Oct 2013 06:00am EDT 

AMC Networks Inc announced that it has reached a definitive agreement to acquire substantially all of Chellomedia, the international content division of Liberty Global for EUR750 million (approximately USD1.035 billion ). The transaction is expected to close in the first quarter of 2014. The agreement includes the acquisition of Chellomedia's operating businesses including: Chello Central Europe, Chello Latin America, Chello Multicanal, Chello Zone, the ad sales unit Atmedia and the broadcast solutions unit Chello DMC. 

Company Quote

49.215
0.825 +1.70%
1:18pm EST