ION Media Networks, Inc.

News and overview for ION Media Networks, Inc.

Cyrus Capital extends $250M offer to finance ION Media exit from bankruptcy protection
Chicago Tribune | 6 days 2 hours 50 minutes ago
NEW YORK (AP) — Investment firm Cyrus Capital Partners said Monday it has extended a $250 million offer to finance ION Media Networks Inc.'s exit from bankruptcy protection.


Cyrus Capital extends $250M offer to finance ION
Boston Globe, The | 6 days 12 hours 58 minutes ago
NEW YORKInvestment firm Cyrus Capital Partners said Monday it has extended a $250 million offer to finance ION Media Networks Inc.'s exit from bankruptcy protection.


Judge backs ION Media's bankruptcy exit plan
Yahoo! | 10 days 1 hour 47 minutes ago
NEW YORK (Reuters) – A U.S. judge on Thursday said he would approve a reorganization plan from bankrupt U.S. television station owner ION Media Networks Inc, rejecting a creditor's last-minute $250 million offer for the control of the company.


UPDATE 2-Judge backs ION Media's bankruptcy exit plan
Reuters | 10 days 11 hours 44 minutes ago
NEW YORK, Nov 12 (Reuters) - A U.S. judge on Thursday said he would approve a reorganization plan from bankrupt U.S. television station owner ION Media Networks Inc (IION.PK), rejecting a creditor's last-minute $250 million offer for the control of the company.


UPDATE 3-Judge backs ION Media's bankruptcy exit plan
Reuters | 10 days 6 hours 58 minutes ago
NEW YORK, Nov 12 (Reuters) - A U.S. judge on Thursday said he would approve a reorganization plan from bankrupt U.S. television station owner ION Media Networks Inc (IION.PK), rejecting a creditor's last-minute $250 million offer for the control of the company.


BRIEF-Judge approves ION Media's bankruptcy exit plan
Forbes | 10 days 15 hours 18 minutes ago
Nov 12 (Reuters) - ION Media Networks Inc: * US bankruptcy judge says ION Media Networks Inc bankruptcy Article Controlsemail


UPDATE 1-Cyrus extends deadline on ION offer after rejection
Reuters | 10 days 17 hours 3 minutes ago
NEW YORK, Nov 12 (Reuters) - Cyrus Capital Partners has extended its $250 million offer to buy a controlling stake in bankrupt U.S. television station owner ION Media Networks Inc (IION.PK) after the company's board rejected the offer earlier on Thursday.


UPDATE 1-Cyrus Capital makes offer for ION Media Networks
Reuters | 11 days 9 hours 59 minutes ago
NEW YORK, Nov 11 (Reuters) - A creditor of bankrupt television station owner ION Media Networks Inc (IION.PK) has made a last-minute $250 million offer for control of the broadcast network operator.


BRIEF-Cyrus Capital extends offer for ION Networks
Forbes | 6 days 16 hours 46 minutes ago
Nov 16 (Reuters) - ION Media Networks Inc: * Cyrus capital extends offer for ION Networks Article Controlsemail


Cyrus Capital extends $250M offer to finance ION
Seattle Times, The | 6 days 14 hours 35 minutes ago
NEW YORK Investment firm Cyrus Capital Partners said Monday it has extended a $250 million offer to finance ION Media Networks Inc.'s exit from bankruptcy protection. The offer, which was rejected by ION Networks' board of directors, includes $100 million more incremental capital than an earlier offer accepted by the board, Cyrus Capital said.


Cyrus Capital extends $250M offer to finance ION - National Business - MiamiHerald.com
Miami Herald, The | 6 days 14 hours 27 minutes ago
NEW YORK -- Investment firm Cyrus Capital Partners said Monday it has extended a $250 million offer to finance ION Media Networks Inc.'s exit from bankruptcy protection.


Wire Business News
Sacramento Bee (Calif.), The | 6 days 14 hours 25 minutes ago
NEW YORK -- Investment firm Cyrus Capital Partners said Monday it has extended a $250 million offer to finance ION Media Networks Inc.'s exit from bankruptcy protection.


Cyrus Capital extends $250M offer to finance ION - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 6 days 14 hours 24 minutes ago
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Glance-UPDATE 2-Deals of the day -- mergers and acquisitions
Forbes | 10 days 20 hours 52 minutes ago
(Adds United Technologies Corp, Cemig, Toromont Industries Ltd and others) Article Controlsemail


Glance-Deals of the day -- mergers and acquisitions
Forbes | 11 days 5 hours 35 minutes ago
Nov 12 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were Article Controlsemail





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Company Overview


Company: ION Media Networks, Inc.
Industry: Television Station Groups
Website: http://www.ionmedia.tv

You might say this TV company is looking to charge up its audience. ION Media Networks is a leading television broadcaster anchored by its ION Television network and its portfolio of about 60 UHF stations located throughout the country. The broadcast network, which reaches more than 95 million US homes, airs mostly of syndicated series, movies and specials. It also offers several hours of paid programming each day. ION Television is distributed by cable and satellite systems in addition to the company's owned and operated TV outlets. ION Media was founded as Paxson Communications in 1991 and is controlled by hedge fund operator Citadel Investment Group. It filed for bankruptcy in 2009.


Key Numbers

Sales in U.S. Dollars (mil.) 0 ()
One-year % Growth in Sales 0.0 ()
Net Income in U.S. Dollars (mil.) 0 ()
One-year % Growth in Net Income 0.0 ()
Number of Employees 0 (0)
One-year % Growth in Number of Employees 0.0 (0)
Fiscal Year-End December