Advertisement
YOU ARE HERE: LAT HomeCollectionsRenaissance Communications Corp
IN THE NEWS

Renaissance Communications Corp

FEATURED ARTICLES
BUSINESS
August 1, 1995 | Times Staff and Wire Reports
Outlet Gets Merger Proposal From NBC: The Cranston, N.J.-based company said it has received a takeover proposal worth more than $396 million from National Broadcasting Co. in the start of a renewed bidding war for the owner of major NBC affiliates. Renaissance Communications Corp., whose $360-million bid was accepted by Outlet Communications Inc. on June 30, responded by suing both companies and Outlet's board in Delaware Chancery Court. Outlet said it will consider the NBC offer.
ARTICLES BY DATE
BUSINESS
July 2, 1996 | SALLIE HOFMEISTER, TIMES STAFF WRITER
Continuing the consolidation of the television business, Tribune Co. said Monday that it will buy Renaissance Communications Corp. for $1.13 billion in cash, adding six TV stations to its group of 10 and making Tribune the nation's leading owner of TV stations. The acquisition by Tribune, which owns Los Angeles station KTLA-TV in addition to the Chicago Tribune newspaper and the Chicago Cubs baseball team, further reduces Tribune's reliance on its core newspaper business.
Advertisement
BUSINESS
July 2, 1996 | SALLIE HOFMEISTER, TIMES STAFF WRITER
Continuing the consolidation of the television business, Tribune Co. said Monday that it will buy Renaissance Communications Corp. for $1.13 billion in cash, adding six TV stations to its group of 10 and making Tribune the nation's leading owner of TV stations. The acquisition by Tribune, which owns Los Angeles station KTLA-TV in addition to the Chicago Tribune newspaper and the Chicago Cubs baseball team, further reduces Tribune's reliance on its core newspaper business.
BUSINESS
August 1, 1995 | Times Staff and Wire Reports
Outlet Gets Merger Proposal From NBC: The Cranston, N.J.-based company said it has received a takeover proposal worth more than $396 million from National Broadcasting Co. in the start of a renewed bidding war for the owner of major NBC affiliates. Renaissance Communications Corp., whose $360-million bid was accepted by Outlet Communications Inc. on June 30, responded by suing both companies and Outlet's board in Delaware Chancery Court. Outlet said it will consider the NBC offer.
BUSINESS
November 16, 1994 | JOHN LIPPMAN and JANE HALL, TIMES STAFF WRITERS
Entertainment executive Quincy Jones, businessman and former Hall of Fame pro football player Willie D. Davis and other partners are expected to announce today that they are entering into a joint venture with Tribune Broadcasting to form what could become the largest minority-controlled broadcasting company in the country.
Los Angeles Times Articles
|