{"id":133090,"date":"2018-01-29T15:52:57","date_gmt":"2018-01-29T20:52:57","guid":{"rendered":"https:\/\/staging.sportsvideo.org\/?p=133090"},"modified":"2018-01-30T10:23:02","modified_gmt":"2018-01-30T15:23:02","slug":"bloomberg-news-reports-crestview-eyes-partial-or-full-sale-of-nep-group","status":"publish","type":"post","link":"https:\/\/staging.sportsvideo.org\/2018\/01\/29\/bloomberg-news-reports-crestview-eyes-partial-or-full-sale-of-nep-group\/","title":{"rendered":"Bloomberg News: Crestview Eyes Partial or Full Sale of NEP Group"},"content":{"rendered":"<p>Bloomberg News is reporting that the private-equity backer of NEP Group is mulling a full or partial sale of the broadcast-services company. Crestview Partners is said to be working with an adviser to sell its stake in the company, and Carlyle Group\u00a0has a first option to buy that interest, which could give the company an enterprise value of about $2.5 billion.\u00a0<!--more--><\/p>\n<p><img loading=\"lazy\" class=\"alignright wp-image-133091\" src=\"https:\/\/staging.sportsvideo.org\/wp-content\/uploads\/2018\/01\/NEPlogo.png\" alt=\"\" width=\"250\" height=\"133\" srcset=\"https:\/\/staging.sportsvideo.org\/wp-content\/uploads\/2018\/01\/NEPlogo.png 645w, https:\/\/staging.sportsvideo.org\/wp-content\/uploads\/2018\/01\/NEPlogo.png 300w, https:\/\/staging.sportsvideo.org\/wp-content\/uploads\/2018\/01\/NEPlogo.png 470w, https:\/\/staging.sportsvideo.org\/wp-content\/uploads\/2018\/01\/NEPlogo.png 345w\" sizes=\"(max-width: 250px) 100vw, 250px\" \/>Carlyle agreed to buy a minority stake in NEP in 2016 using capital from Carlyle Global Partners, a pool designed to hold companies for longer than the typical five-year period so it can double its investment. If Carlyle decides not to take control, it or Crestview could elect to sell to a third party, according to Bloomberg.<\/p>\n<p>Crestview has been a shareholder in the Pittsburgh-based company since 2012.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg News is reporting that the private-equity backer of NEP Group is mulling a full or partial sale of the broadcast-services company. Crestview Partners is said to be working with [&hellip;]\n&nbsp;<a href=\"https:\/\/staging.sportsvideo.org\/2018\/01\/29\/bloomberg-news-reports-crestview-eyes-partial-or-full-sale-of-nep-group\/\" class=\"more\">More<\/a><\/p>","protected":false},"author":5,"featured_media":133091,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_links_to":"","_links_to_target":""},"categories":[37,9248],"tags":[14715,14714,297],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/posts\/133090"}],"collection":[{"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/comments?post=133090"}],"version-history":[{"count":3,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/posts\/133090\/revisions"}],"predecessor-version":[{"id":133154,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/posts\/133090\/revisions\/133154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/media\/133091"}],"wp:attachment":[{"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/media?parent=133090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/categories?post=133090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/tags?post=133090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}