Tuesday, October 02, 2007

Belo Corp. splitting publishing and television

The Belo Corporation announced that it will split publishing and television stations into separate companies.
3rd UPDATE: Belo Answers Calls To Split Newspaper, TV Assets
October 01, 2007: 01:15 PM EST
By Shira Ovide
Of DOW JONES NEWSWIRES
NEW YORK -(Dow Jones)- In a surprise move, Belo Corp. (BLC) said it will separate its newspaper and television assets, responding to investor complaints that Belo's stock price would be higher if the company were split.

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