trending Market Intelligence /marketintelligence/en/news-insights/trending/G7_wlnQViindweDUG_M7Dw2 content esgSubNav
In This List

Crown Media goes private

Podcast

MediaTalk | Season 2: Back in 2024!

Blog

Global 5G Survey 2023 Fixed wireless access growing but mid-band still No 1

Blog

Essential IR Insights Newsletter Fall - 2023

Blog

Equity Issuance Ticks up in Q3 while IPO Activity Remains Sluggish


Crown Media goes private

Crown MediaHoldings Inc. is no longer a public company after completing ashort-form merger with HallmarkCards Inc.

Under the terms of the deal, announced in March, Hallmark Cards paid $175.7million in cash and assumed 9.7% of the pro rata debt of the company to acquirea 10% stake that it did not already own in Crown Media, the owner of theHallmark Channel and Hallmark Movies & Mysteries.

Hallmark Cards CEO Donald Hall Jr. announced the completionof short-form merger on May 2. A May 3 conference call that had been scheduledto discuss Crown Media's financial results was canceled.