o Report: Turner on Verge of Acquiring Bleacher Report for $200 Million
Atlanta -- Cable network Turner may be on the verge of acquiring Bleacher Report, a publisher of original sports editorial content that attracts more than 9 million monthly visitors, All Things D reported. The Time Warner unit reportedly would pay $200 million for the site, which would significantly boost its presence in the online sports arena. Turner previously had managed the web site of Sports Illustrated, but recently ended that deal with the hopes of launching its own branded sports site.