Viacom [VIA] will acquire online sports news provider, for $46mln, or $1.75 per share. In July, the media conglomerate offered a bid of $39.8mln ($1.50 a share) for SportsLine’s remaining assets—Viacom has been a minority shareholder since 1997—but was rebuffed. The deal is expected to close by the end of the year.

The Daily


Editor’s Note

Your next issue of Cablefax Daily will arrive Monday. Stay safe and enjoy

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up