Seeking Alpha

Discovery Communications and Liberty Global form JV to buy All3Media

  • Discovery Communications (DISCA +2.6%) and Liberty Global (LBTYA) announces that they have struck a deal to form a joint venture to acquire All3Media from P-E firm Permira and other parties.
  • The deal price of £550M ($930M) for All3Media reps a multiple of close to 8.5X EBITDA per share.
  • The 50-50 JV will operate All3Media under its current name.
  • Previous: Discovery in the hunt for All3Media
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|