Graff PPV to buy equity in U.K.’s HVC

Graff Pay-Per-View Inc. signed a letter of intent to acquire an interest in HVC Ltd., a United Kingdom pay television programming firm.

Graff said the agreement will give it the exclusive right to acquire the remaining equity of HVC Ltd.

A spokesman for the company said completion of the transaction is expected by Dec. 31. Terms were not disclosed.

Graff owns and operates two satellite-delivered 24-hour-a-day television networks.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety