DLA Piper Aids Discovery In $1.7B Nordic TV Portfolio Buy
The Maryland-based nonfiction media giant will acquire ProSiebenSat.1's SBS Nordic operations, which includes 12 television networks throughout Scandinavia, boosting Discovery's long-term growth prospects in the strong TV market in that region, the buyer said.
The deal is subject to approval from European regulators and is expected to close in the first quarter of 2013. Discovery also said that its board...
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