• By Nicholas Carlson
    Jul 7, 2008 11:20 AM 223
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    read more: #acquisitions, #nbc, #weatherchannel, #weathercom, #baincapital, #blackstonegroup, #valleywag

    NBC Universal buys Weather Channel

    NBC Universal and two private equity firms, Bain Capital and the Blackstone Group, acquired the Weather Channel and Weather.com from Landmark Communications over the weekend for a rumored $3.5 billion. Yes, we're not shocked either that NBC figured out Weather Plus wasn't taking over the meteorological universe. [PaidContent]


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