Paxson Communications - M&A Summary and Business Overview

CommunicationsCompany

Paxson Communications M&A Summary

Paxson Communications has acquired 2 companies. It has also divested 2 assets.

Paxson Communications’ largest acquisition to date was in 1997, when it acquired The Travel Channel for $75M. It’s largest disclosed sale occurred in 1997, when it sold The Travel Channel to Warner Bros. Discovery for $20M. Paxson Communications has acquired in 1 US state. The Company’s most targeted sectors include media (100%).

Paxson Communications Business Overview

Where is Paxson Communications headquartered?

Paxson Communications is headquartered in West Palm Beach, Florida.

What sector is Paxson Communications in?

Paxson Communications is a communications company.

When was Paxson Communications founded?

Paxson Communications was founded in 1991.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity1
    • M&A Sell Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3

Paxson Communications Corp.

601 Clearwater Park Road,
West Palm Beach, Florida 33401
United States,
(561) 659-4122
www.paxson.com

Paxson Communications Corporation is a network television broadcasting company which owns and operates the largest broadcast television station group in the U.S., as measured by the number of television households in the markets our stations serve.


M&A Summary

Buy vs Sell

Year ≤ '02 '03 '04 '05 '06 '07 T
Buy (0.0/yr) # 1 - - - - - 1
vol $75M $75M
Sell (0.2/yr) # 1 - - - - 1 2
vol $20M $20M
  3

Most Recent M&A

Company Date Value Type
The Travel Channel LLC 2007-05-01 - Divestiture
Chevy Chase, Maryland · www.travelchannel.com
The Travel Channel LLC 1997-09-10 20M USD Stake Sale
Chevy Chase, Maryland · www.travelchannel.com
The Travel Channel LLC 1997-06-16 75M USD Divestiture
Chevy Chase, Maryland · www.travelchannel.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Media 2 (100%) 95M (100%) 2 (100%) 20M (100%)
Total 2 $95M 2 $20M

By Geo

State/Country Buy Value Sell Value
United States 2 95M 2 20M
  Maryland 2 95M 2 20M
Total 2 $95M 2 $20M

Deal Values

buy # Total
< $100M 2 $95M
TOTAL $95M
Largest The Travel Channel LLC
$75M (1997-06-16)
sell # Total
< $100M 1 $20M
TOTAL $20M
Largest The Travel Channel LLC
$20M (1997-09-10)

M&A Connections

Deals
Acquired from
Strategic(s)
100%
2 (100%)
Divested to
Strategic(s)
100%
2 (100%)

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