Tag Archives:

Media

Are debt markets and rating agencies giving M&A too much credit?

Guest contributor – Simon Duff (Credit Analyst, M&G Credit Analysis team)

Last week, International TV network operator Discovery Communications announced the US$15bn acquisition of Scripps Networks.  Scripps owns TV networks focused on food, home and travel, so it fits with the factual or “non-scripted” focus of Discovery’s core networks (Discovery, TLC, Animal Planet).  It also offers an oppor…

Read the article