Enos Stanley 'Stan' Kroenke. (Photo by Scott Olson/Getty Images)
ST. LOUIS (KSDK) - St. Louis Rams majority owner Stan Kroenke will purchase the parent company of the Outdoor Channel, pending stockholder approval.
According to a report appearing in the St. Louis Business Journal, Kroenke Sports & Entertainment LLC is acquiring Outdoor Channel Holdings Inc. worth approximately $265 million, or $10.25 per share.
Not only does Outdoor Channel Holdings own and operate the eponymous channel, but also Winnercomm Inc., a company specializing in sports programming and producing. The Outdoor Channel also owns the SkyCam and CableCam aerial cameras used at major sporting events.
At present, Jim Martin is president and CEO of Kroenke Sports & Entertainment LLC.