Kroenke Completes Acquisition of Outdoor Channel

DENVER – Kroenke Sports & Entertainment, LLC (“KSE”) todayannounced that it has completed the previously announced acquisition of Outdoor Channel Holdings, Inc.(NASDAQ: OUTD) for $10.25 per share in cash, pursuant to which Outdoor Channel hasbecome a wholly-owned subsidiary of KSE.

The acquisition adds Outdoor Channel’s impressive array of outdoor programming to KSE’s leadingsports and multimedia portfolio, which includes Altitude Sports & Entertainment (regional sports network), theColorado Avalanche of the NHL, Denver Nuggets of the NBA, Colorado Rapids (Major League Soccer) and Colorado Mammoth (National Lacrosse League), as well as a 50...