This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

InterMedia Partners VII, L.P. And InterMedia Outdoors Holdings, LLC Deliver Proposal To Outdoor Channel Holdings, Inc.

In light of your stockholders' meeting on May 8, 2013 to vote on the transaction with KSE, it is imperative that we take action immediately to ensure that your stockholders can take advantage of the value represented by our proposal. Accordingly, our offer will remain open until 5:00 p.m. (New York time) on Tuesday, May 7, 2013.

This letter itself does not create any legally binding obligation, liability or commitment by us concerning a proposed transaction, and there will be no legally binding agreement between us unless and until we enter into a definitive merger agreement.

We are confident that our proposal constitutes a superior proposal, and we are very pleased to be able to offer it to your stockholders.  If you have any questions or would like to discuss any aspect of our proposal, please do not hesitate to contact Peter Kern or Jeffrey D. Marell at Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Sincerely,

INTERMEDIA PARTNERS VII, L.P.

By: /s/ Peter Kern                                                                        Name: Peter KernTitle: Managing Partner

INTERMEDIA OUTDOORS HOLDINGS, LLCBy: /s/ Jerome Letter                                           Name: Jerome LetterTitle: Authorized Signatory

About InterMedia Partners VII, L.P.

InterMedia Partners, L.P. is a private equity investment fund focusing on the media industry across all platforms - television, radio, publishing, internet and marketing. The current fund, InterMedia Partners VII, LP is focused on content assets which target underserved markets.

About InterMedia Outdoors Holdings, LLC

InterMedia Outdoors Holdings, LLC is a portfolio company of InterMedia Partners VII, L.P. and the parent company of InterMedia Outdoors, Inc. and The Sportsman Channel, Inc.  InterMedia Outdoors, Inc. is a multimedia company serving outdoors enthusiasts in the United States, with the largest network of websites dedicated to the hunting, shooting and fishing category; a portfolio of 15 market-leading enthusiast magazines including Guns & Ammo, Petersen's Hunting and In­Fisherman; a television production business producing original branded hunting, shooting and fishing themed programming including category-leading shows North American Whitetail, Guns & Ammo TV and In­Fisherman TV, with over 220 episodes produced annually in high definition; and a content library in excess of 16,000 hours of video content.

The Sportsman Channel, Inc. is a national television network fully devoted to the more than 82 million sportsmen and outdoor enthusiasts throughout the United States, delivering programming focused exclusively on hunting, shooting and fishing themed programming. The Sportsman Channel is available in both high definition and standard definition. Nielsen estimated that The Sportsman Channel had approximately 30.1 million cable, satellite and telco subscribers for November 2012.

SOURCE InterMedia Outdoors Holdings, LLC

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs