Nimbus close to buying TV channelSONALI KRISHNA / Mumbai March 27, 2006After acquiring the four-year global media rights for telecasting Indian cricket for a whopping Rs 2,700 crore, Nimbus Communications is now close to acquiring a regional TV channel in partnership with a foreign broadcasting major. The announcement is just weeks away.According to sources close to the developments, Nimbus will buy out the promoters of a regional television company in which the foreign major will pick up a sizeable stake. Further details of the deal have been kept under wraps. The sources added that the move was a departure from Nimbus
