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Technology Stocks : Paxson Communications (PAX)
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To: Safe Cents who wrote (140)9/7/1999 7:08:00 PM
From: Tommy Hicks  Read Replies (1) of 154
 
NBC, PAXSON DEAL
Look for word this week that Paxson has agreed to sell a 32.8% stake in the company to NBC, sources said yesterday. No official word on price, but some analysts estimated NBC will pay something in the $400 to $500 million- range for the stake

broadcastingcable.com
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