Outdoor Channel Shares Soar After New Bidder Emerges
The stock is up 12.6% to $8.50 in post market trading after real estate and sports mogul Stanley Kroenke disclosed that he made a $227M offer, equal to $8.75 a share, for the cable channel company. That tops the $208M, or $8 a share, that Outdoor accepted in November from InterMedia Outdoor Holdings, which owns The…
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