(ANSA) – ROME, AUG 6 – The board of Germany’s ProSiebenSat.1 network on Wednesday advised its shareholders to accept a cash-and-share takeover bid from the Berlusconi family’s MediaForEurope (MFE) group.
MFE is offering 1.3 of its shares for each ProSieben share with a cash component of 4.48 euros to buy the 70% of German group that it doesn’t already own.
The offer is valid until August 13. (ANSA).
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MFE is offering 1.3 of its shares for each ProSieben share with a cash component of 4.48 euros to buy the 70% of German group that it doesn’t already own.
The offer is valid until August 13. (ANSA).
Read article…
