Ireland’s Competition Authority has cleared Southbank’s proposed acquisition of sole control over Travel Channel International Limited. Southbank is a wholly owned subsidiary of Scripps. The Travel Channel joins Scripps’ HGTV, Food Network, and DIY Network. Travel Channel International will be acquired via a $103 million share purchase agreement.
Full content: Competition Authority of Ireland
Related content: Are Media Markets Analyzed as Two-Sided Markets? (John Wotton, Allen & Overy)
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