Further possible hurdles in the Springer case
Starting January 23, interest of 25 million euros per month will be due on Springer's sale price of 2.4 billion euros.
As of January 23, interest for Springer
of 25 million euros per month on the sales price of 2.4
billion euros are due. The group management of Springer and Haim Saban,
ProSiebenSat.1 station owners met last week.
The conversation was very constructive, as the Süddeutsche
newspaper found out. Saban even claims to have consented,
to waive the accrued interest for the time being.
As the Frankfurter Allgemeine Zeitung speculates, the struggle for
the television plans now also to competitors such as Holzbrinck ("Handelsblatt")
or DuMont ("Express") will play decisive roles. These could
after a special permit (ministerial authorization) has been granted by
the Federal Minister of Economics, Glos, a judicial
complaint procedure, which the business has been using for years.
could be delayed. On January 27, the decision of the
Bundeskartellamt, a ban on the merger is expected. Whether
Springer can then apply for a ministerial permit or refer to the
takeover of ProSiebenSat.1 is currently not clear.
known. Three years ago, Springer itself had filed a lawsuit against
threatened with a ministerial license when such a license was granted to Holzbrinck in the
in connection with a takeover of the Berliner Zeitung.
of 25 million euros per month on the sales price of 2.4
billion euros are due. The group management of Springer and Haim Saban,
ProSiebenSat.1 station owners met last week.
The conversation was very constructive, as the Süddeutsche
newspaper found out. Saban even claims to have consented,
to waive the accrued interest for the time being.
As the Frankfurter Allgemeine Zeitung speculates, the struggle for
the television plans now also to competitors such as Holzbrinck ("Handelsblatt")
or DuMont ("Express") will play decisive roles. These could
after a special permit (ministerial authorization) has been granted by
the Federal Minister of Economics, Glos, a judicial
complaint procedure, which the business has been using for years.
could be delayed. On January 27, the decision of the
Bundeskartellamt, a ban on the merger is expected. Whether
Springer can then apply for a ministerial permit or refer to the
takeover of ProSiebenSat.1 is currently not clear.
known. Three years ago, Springer itself had filed a lawsuit against
threatened with a ministerial license when such a license was granted to Holzbrinck in the
in connection with a takeover of the Berliner Zeitung.
