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Read this: Discovery in talks with BSkyB over possible Channel 5 bid - FT - Reuters

Summary: Channel 5, which broadcasts Big Brother, was bought by British media baron Richard Desmond in 2010 for 103.5 million pounds. Media reports last month said Desmond had hired Barclays to look for buyers for the television network and was expecting to raise about 700 million pounds through the sale. The Financial Times report said it was unclear if bidders would meet the valuation for the broadcaster. - uk.reuters.com

Read full article: uk.reuters.com link icon  Discovery in talks with BSkyB over possi…



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