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Acquisitions
NBC Universal buys Weather Channel

By Nicholas Carlson, 11:20 AM on Mon Jul 7 2008, 186 views (Edit, to draft, Top, Slurp)

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NBC Universal and two private equity firms, Bain Capital and the Blackstone Group, acquired the Weather Channel and Weather.com from Landmark Communications over the weekend for a rumored $3.5 billion. Yes, we're not shocked either that NBC figured out Weather Plus wasn't taking over the meteorological universe. [PaidContent]

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Read More: Acquisitions, Nbc, weather channel, Weather.com, Bain Capital, blackstone group, Valleywag

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