Scripps Networks Interactive to Acquire Controlling Interest in Travel Channel

CINCINNATI–(BUSINESS WIRE)–Scripps Networks Interactive Inc. (NYSE: SNI), owner and operator of the Food Network and HGTV lifestyle television networks, will enter into a joint venture with Cox Communications Inc. by which it will acquire a controlling interest in the Travel Channel. The two companies today signed a definitive agreement that, upon completion, will result in Scripps Networks Interactive owning 65 percent of the Travel Channel and Cox Communications retaining a 35 percent minori

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Scripps Networks Interactive to Acquire Controlling Interest in Travel Channel

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