The Liberty Corporation

The Liberty Corporation (Public NYSE: LC) is a media corporation that owns 15 network-affiliated television stations across the Midwest and Southern regions of the United States, cable advertising sales group CableVantage Inc., video production facility Take Ten Productions and broadcast equipment distributor Broadcast Merchandising Corporation.

Related Topics:
NYSE - Media - Corporation - Network - Television stations - Midwest - Southern - United States - CableVantage Inc. - Take Ten Productions - Broadcast Merchandising Corporation

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

The company formerly held Liberty Life Insurance Company and Pierce National Life Insurance Company, which it sold in 2000 to Royal Bank of Canada.

Related Topics:
Liberty Life Insurance Company - Pierce National Life Insurance Company - 2000 - Royal Bank of Canada

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Liberty Corp. is based in Greenville, South Carolina, and employs approximately 1,400 people.

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

The company's chairman and CEO is W. Hayne Hipp, who owns 12% of the company. Its president and COO is James M. Keelor. Its CFO is Howard L. Schrott.

Related Topics:
Chairman - CEO - W. Hayne Hipp - COO - James M. Keelor - CFO - Howard L. Schrott

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

In August, 2005, it was announced that Liberty agreed to be bought out by Raycom Media. http://today.reuters.com/investing/financeArticle.aspx?type=mergersNews&storyID=2005-08-26T001218Z_01_N25706816_RTRIDST_0_MEDIA-LIBERTYCORP-UPDATE-3.XML Raycom will pay $987 million, or $47.35 per Liberty share, and assume Liberty's debts of approximately $110 million in the buyout. As of August 2005, the buyout is currently undergoing regulatory approval.

Related Topics:
August - 2005 - Bought out - Raycom Media

~ ~ ~ ~ ~ ~ ~ ~ ~ ~