Report: AMC Networks exploring possible sale or merger
AMC Networks has hired investment firm Morgan Stanley to explore a possible sale or merger with a competitor.
AMC Networks ($AMCX) is an American pay TV programmer based in New York City. The company operates AMC, IFC, We TV, Sundance TV and BBC America and is licensed to distribute BBC World News to cable and satellite companies throughout the United States.
AMC Networks has hired investment firm Morgan Stanley to explore a possible sale or merger with a competitor.
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