• by David Goetzl , April 30, 2013

The private equity firm that’s been looking to acquire the Outdoor Channel since late last year won’t give up. InterMedia Partners, which includes longtime media executive Leo Hindery, has made a bid to acquire the network at $9.15 a share.

That’s higher than the $8.75 a share the board of Outdoor Channel Holdings has already agreed to accept from Kroenke Sports & Entertainment (KSE). Outdoor Channel shareholders were to vote on the deal May 8.

The KSE price topped a previous InterMedia agreement, where shareholders could have received $8 a share.

InterMedia envisions combining Outdoor Channel with its Sportsman Channel and outdoor enthusiast magazines. The group has already received a $6.5 million break-up fee because Outdoor Channel Holdings opted against their 2012 deal, choosing the agreement with KSE instead

InterMedia made its latest offer in a letter Tuesday. It said its all-cash proposal will remain on the table until 5 p.m. on May 7.

KSE also controls the Denver Nuggets, Colorado Avalanche and a regional sports network.