An EM.TV spokeswoman said it remains open when any transaction will take place.
Reports suggest that a number of possible solutions are under discussion.
Henson's management, headed by Charles Rivkin, is said to have expressed interest in buying out the company. People familiar with the situation said talks between Henson's management and EM.TV had already taken place. The Walt Disney Co. and Viacom subsidiary Nickolodeon have also been spoken of as possible buyers. EM.TV chairman Thomas Haffa has made it clear that a partial sale of Henson is not to be ruled out. The fact that it holds the rights to the Muppets and to Sesame Street is seen to make it an attractive proposition.