Time Warner Acquires 92% in NDTV Imagine For $126.5 Million « Tech Blog of Global and Indian Companies: Gajeebo

Time Warner Acquires 92% in NDTV Imagine For $126.5 Million

Time Warner has announced an increase in its investment in Indian media company NDTV’s subsidiary Imagine and its board of directors have approved the acquisition of 92 percent stake for a sum of $126.5 million.

The acquisition will be made via Turner Asia Pacific Ventures, part of the Time Warner group of firms.

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This entry was posted on Friday, December 18th, 2009, 7:23 pm and is filed under Technology News. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.

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