Outdoor Channel Excites Bidding War  Outdoor-channel-Fishing-
BWith two prospective buyers competing to buy the Outdoor
Channel, a shareholder vote scheduled for Wednesday has been
postponed. Meanwhile, shares in the parent company were trading
at around $10 a share -- a signal that investors believe a
higher bid still awaits.  On Monday, Outdoor Channel Holdings
said its board has notified Kroenke Sports & Entertainment (KSE)
that it intends to instead accept a bid from InterMedia Partners
at $9.75 a share.  KSE has until May 9 to increase its
$9.35-a-share offer. If KSE walks away, it would receive a $1
million breakup fee.  The bidding war dates back to last year
when InterMedia offered to buy the network in a deal where
shareholders could receive $8 a share. InterMedia, where media
entrepreneur Leo Hindery is a top executive, wants to combine
operations of the Outdoor Channel with its Sportsman Channel and
outdoor enthusiast magazines.  KSE, controlled by sports
entrepreneur Stan Kroenke, owns the Denver N