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[email protected] The Daily News of TV Sales Wednesday, August 28, 2019 Copyright 2018. PRIVATE EQUITY CHASING TV RETURNS, NOT STAKES PATRICK: BLACK THE EXCEPTION, NOT THE RULE ADVERTISER NEWS Leon Black’s Apollo Global Management has gobbled up Popeyes Louisiana Kitchen says it has sold out of its Cox Media Group and Northwest Broadcasting Group, inventory of its new chicken sandwich. In a video posted to but don’t expect to see a parade of other private equity its Twitter feed, the company said that the sandwich would investors racing behind. That’s according to one broker be back soon and this time, it would be for good. Popeyes who’s worked closely with Wall Street money managers. stores across the U.S. have been selling out of the sandwich Patrick Communications founder Larry after a Twitter feud between Chick-fil-A and Patrick believes Apollo’s moves are more Popeyes inspired consumers to taste the new of a one off, driven in part by Black’s desire sandwich for themselves. The fried chicken to be in the television business. “I don’t see chain officially launched the sandwich a stampede of private equity running into Aug. 12, calling its first nationwide chicken television at this point,” said Patrick, noting sandwich their biggest launch in nearly 30 that most PE firms are comfortable simply years... Shoe retailer Cole Haan is readying holding stakes in groups like Nexstar, for an initial stock offering, CEO Jack Boys Sinclair and Tegna.