Report: Private-equity firms consider Travel Channel bid

09/15/2009 | Bloomberg

KKR, THL Partners and Providence Equity Partners are considering a bid for Cox Communications' Travel Channel and the travelchannel.com Web site, according to sources quoted in this report. As the scenario goes, if the private-equity firms took control of Travel Channel Media, which has been valued at between $600 million and $700 million, they would contract with Discovery Communications to operate the properties.

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