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NBC Universal and two partners said Sunday they have reached a deal to buy The Weather Channel from Landmark Communications, ending a drawn-out process that had attracted interest from several major media companies. ...more
July 7, 2008
NATION Delta Mum On Mergers Delta Air Lines officials were mum Friday on the outcome of a board meeting at which executives could get the green light to enter formal talks with two competitors about a combination. Asked whether the meeting in New York had been completed, board member Walter Massey responded, "I can't talk about that." He then hung up the phone. Atlanta-based Delta declined to comment. Two people familiar with the situation said Delta's board may be asked to allow formal talks between Delta and Northwest Airlines and UAL Corp.'s United Airlines, with the idea that Delta would choose to combine with one of the two. ...more
January 12, 2008
The family that owns Norfolk, Va.-based Landmark Communications is exploring a sale of the company's businesses, including The Weather Channel and nine daily newspapers. ...more
January 4, 2008
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