Outdoor Channel (OUTD) says a $9.75-per-share acquisition offer from InterMedia is a superior...

|About: Outdoor Channel Holdings,... (OUTD)|By:, SA News Editor

Outdoor Channel (OUTD) says a $9.75-per-share acquisition offer from InterMedia is a superior proposal and that it will terminate a deal with Kroenke Sports Entertainment per the terms of the merger agreement. The tussle over the company has been going on for over two months and keeps getting juicier for Outdoor Channel shareholders. (OUTD timeline)