Scripps To Buy Travel Channel International For $103M

by Monica Gerson, Benzinga Staff Writer

March 22, 2012 6:55 AM | 13 seconds read | Make a Comment

Scripps Networks Interactive Inc

SNI

announced its plans to buy UK-based Travel Channel International Ltd for 65 million pounds ($103 million). The deal is expected to close in the second quarter of 2012. SNI shares closed at $48.28 yesterday.

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