Ascent Media Buys Monitronics International in Deal Valued at $1.2 Billion

Ascent Media Corp. acquired Monitronics International Inc. in a transaction valued at about $1.2 billion, including liabilities like the assumption of existing structured financing.

Ascent said the acquisition will be funded with $413 million in cash and $105 million in debt from a new $175 million credit facility.

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