06.27.2002 12:00 AM
Liberty Broadband Interactive to Acquire Wink Communications
Liberty Broadband Interactive Television Inc. has signed a merger agreement with Wink Communications Inc. whereby Liberty will purchase all of Wink's outstanding shares of stock. Wink will subsequently operate as a wholly owned subsidiary of LBIT.

The merger will allow Liberty to combine Wink's end-to-end system that allows television viewers to use interactive programming with the company's own efforts in developing interactive services and products for advertisers, programmers and multichannel video providers.

Wink shareholders will receive three dollars per share. The transaction is still subject to approval by them and by regulatory bodies, but 20 percent of the outstanding stock has already been cast in favor of the transaction. The merger should be completed by the third quarter.

Liberty is owned by former cable mogul John Malone.

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Thursday 11:07 AM
The Best Deconstruction of a 4K Shoot You'll Ever Read
With higher resolutions and larger HD screens, wide shots using very wide lenses can be a problem because they allow viewers to see that infinity doesn’t quite resolve into perfect sharpness.

Featured Articles
Exhibitions & Events
Discover TV Technology