Liberty Media Buys Ascent10/24/1999 8:00 PM Eastern
Liberty Media Buys Ascent
Denver -- Liberty Media Group agreed to buy Ascent Entertainment Group Inc., apay-per-view service provider to the hospitality industry, in an all-stock deal valued atabout $514 million.
Ascent owns a majority stake in On Command Corp., which owns SpectraVision. On Commandreaches about 1 million hotel rooms across the country.