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NBC Universal acquires Hallmark global pay-TV channels

NBC Universal has acquired Sparrowhawk Holdings and its global portfolio of pay TV channels from Providence Equity Partners, 3i and management shareholders.The move represents a major step forward in NBC Universal's strategy to more than double the size of its international cable channels in the next two to three years.Terms of the deal were not divulged, however the portfolio includes the international Hallmark Channels, which joins NBC Universal's roster of more ...

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