Radio / Television News

DHX Media is for sale

HALIFAX – Family Channel owner DHX Media announced its board of directors has commenced a process “to explore and evaluate potential strategic alternatives focused on maximizing shareholder value,” reads a mid-Monday press release.“These alternatives could include, among other things, the sale of part or all of the company, a sale of some of the assets of the company, a merger or other business combination with another party, or other strategic transactions.”The release notes that management supports the review. “The Board believes that pursuing these complementary paths is in the best interests of DHX Media's shareholders, employees and stakeholders and is designed...