Blackstone Group


Weather Channel ‘weighs sales’

NBCUniversal-backed cable net Weather Channel may sell parts or all of its assets, according to a report from business wire Bloomberg. Comcast-owned NBCU co-owns WeatherChannel Cos. with private equity groups Blackstone Group LP and Bain Capital LLC, having acquired the company in 2008 for US$3.5 billion. However, the private equity groups have now spoken with JPMorgan […]