SBD/12/Sports Media

SUITORS EYE STAKE IN NBC

     GE and Time Warner resume talks this week as Time Warner
tries to secure NBC as a programming outlet and GE considers
selling all or part of its share in the network.  This morning's
WALL STREET JOURNAL reports other suitors are considering bids
for NBC, including Harcourt General and Turner Broadcasting.
Harcourt is completing a sale of its insurance unit to GE for
$400M; TBS is considered "unlikely" to purchase NBC because Time
Warner is one of its major shareholders (Roberts & Jensen, WALL
STREET JOURNAL, 9/12).
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Related Topics:

NBC, Media, TBS/TNT, Time Warner

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