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    Acquisitions

    NBC Universal buys Weather Channel

    By Nicholas Carlson, 8:20 AM on Mon Jul 7 2008, 160 views

    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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