British media mogul to sell Channel 5 to Viacom for 450 mln stg

April 30 (Reuters) - British media baron Richard Desmond will announce that he is selling free-to-air TV broadcaster Channel 5 to U.S.-based Viacom Inc for up to 450 million pounds ($760 million),...

from Reuters: Mergers News http://ift.tt/1nJEQDG