Springer withdraws ProSieben sales offer
Axel Springer Verlag has withdrawn its offer to sell ProSieben. A sale of the broadcaster would not be legally possible before the takeover is finalized, the company announced Monday at noon in Berlin.
The Axel Springer publishing house has
Offer to sell ProSieben withdrawn. A sale of the
Sender cannot be legally considered before the takeover is completed,
the Group explained in Berlin on Monday lunchtime. Such a step "would amount to,
that Axel Springer AG would have to sell a channel before it could be
belongs to her at all", the publisher explained its rejection.
Springer now expects a prohibition from the Federal Cartel Office for the
takeover of ProSiebenSat.1 and will utilize the available
Examine legal remedies and options. For its part, the Federal Cartel Office has
extended the examination deadline by one week in response to the
a request by Springer to extend the deadline until January 27.
Over the past few days, Springer had submitted numerous reports to the Federal Cartel Office.
variants were offered, which would have led to the station ProSieben
before completion of the overall transaction from ProSiebenSat.1 Media AG
would have been eliminated. However, the Bundeskartellamt had rejected the proposals
rejected.
Offer to sell ProSieben withdrawn. A sale of the
Sender cannot be legally considered before the takeover is completed,
the Group explained in Berlin on Monday lunchtime. Such a step "would amount to,
that Axel Springer AG would have to sell a channel before it could be
belongs to her at all", the publisher explained its rejection.
Springer now expects a prohibition from the Federal Cartel Office for the
takeover of ProSiebenSat.1 and will utilize the available
Examine legal remedies and options. For its part, the Federal Cartel Office has
extended the examination deadline by one week in response to the
a request by Springer to extend the deadline until January 27.
Over the past few days, Springer had submitted numerous reports to the Federal Cartel Office.
variants were offered, which would have led to the station ProSieben
before completion of the overall transaction from ProSiebenSat.1 Media AG
would have been eliminated. However, the Bundeskartellamt had rejected the proposals
rejected.
