By Mondo Times editors
Boulder, Colorado USA
Posted on November 3, 2009 at 11:17pm

The Travel Channel is for sale

-- The New York Times reported on October 30, 2009:

"Cox Communications is expected to command close to a billion dollars for the Travel Channel, people close to the bidding war for the channel said on Thursday.

The company is entertaining bids from a number of media companies, including the News Corporation and Scripps Networks, three people with knowledge of the auction said. The people requested anonymity because they were not authorized by their employers to discuss the confidential process. At least one of the offers exceeds $900 million, they said."

The full story:
http://www.nytimes.com/2009/10/30/business/media/30travel.html

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