Al Jazeera Acquiring Current TV

Al Jazeera is finalizing a deal to take over Current TV, the low-rated cable channel that was founded by Al Gore and his business partners seven years ago.

If the deal is completed, Current will provide the pan-Arab news giant with something it has sought for years: a pathway into American living rooms. Current is available in about 60 million of the 100 million homes in the United States with cable or satellite service.

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