Sean "Diddy" Combs is offering about $200 million for the Fuse music network, which is owned by Madison Square Garden Co. (MSG), Bloomberg News reported Monday, citing three people with knowledge of the matter.

One person said there are several Fuse bidders, Bloomberg reported.

According to the report, Mr. Combs would convert Fuse into Revolt TV, the music-focused channel that he launched in October.

Full story at http://www.bloomberg.com/news/2014-03-10/sean-combs-said-to-bid-200-million-for-fuse-tv-network.html

Write to nymonitoring@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Comcast (NASDAQ:CMCSK)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Comcast Charts.
Comcast (NASDAQ:CMCSK)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Comcast Charts.