Article: NBC Universal to Acquire Sparrowhawk Media


Wireless News
08-29-2007
NBC Universal to Acquire Sparrowhawk Media

WIRELESS NEWS-August 29, 2007-NBC Universal to Acquire Sparrowhawk Media (C)2007 10Meters - http://www.10meters.com

NBC Universal has agreed to acquire Sparrowhawk Holdings and its global portfolio of pay TV channels, including the international (non-US) Hallmark Channels, from Providence Equity Partners, 3i and management shareholders.
The announcement was made by Jeff Zucker, President and CEO, NBC Universal, Peter Smith, President, NBC Universal International and David Elstein, Chairman, Sparrowhawk Media. Terms of the transaction were not disclosed.

Under the terms of the agreement, NBC Universal will acquire the 18 ...

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