NBC Appeals FNN Decision: NBC’s Consumer News...

NBC Appeals FNN Decision: NBC’s Consumer News and Business Channel appealed a ruling that may threaten its effort to acquire Financial News Network. A federal judge overturned a bankruptcy judge’s disqualification of a rival bid for the network. CNBC filed an appeal of the latest ruling in the U.S. 2nd Circuit Court of Appeals. NBC has been in a bidding war and legal skirmish with a partnership formed by Dow Jones & Co. and Westinghouse Broadcasting Co. to acquire the financially troubled cable TV business news channel.