After weeks of tug-of-war, the publishing house has decided not to go ahead with the billion-euro purchase of the television group. This was announced by the publishing group on Wednesday. The decision is based on the unacceptable risks that have arisen due to the economic and legal uncertainties. The project will therefore not be pursued any further. The shares in the amount of EUR 2.5 billion, which Springer had already secured in the purchase agreement with the owners of ProSiebenSat.1, the investor group around Haim Saban, will revert to the previous owners, as the agreement has lapsed. The public takeover bid to the outside shareholders has also lapsed. Springer's decision is a reaction to the developments of the last few days: the Federal Cartel Office had prohibited the merger on January 23, and the media supervisory authority KEK had also vetoed it. The state media authorities, which could have overridden the KEK's decision, postponed their decision until the end of February on January 31. Springer was also no longer able to decide in favor of a ministerial approval, which could have circumvented the Federal Cartel Office's decision. According to the Süddeutsche Zeitung, both the DuMont Schauberg publishing group and Holtzbrinck had already threatened legal action to prevent this.Haim Saban was disappointed by the publishing group's decision. Nevertheless, he and his investors continue to be extremely satisfied with the development of ProSiebenSat.1. ProSieben and Sat.1 are currently showing somewhat stronger growth than RTL. Saban is said to already be looking for other buyers for the station family. Among the possible buyers are the French TV group TF1 and Luxembourg's SBS Broadcasting. But US media groups and investment companies are also showing interest. These include GE Electric, Blackstone, Ronald Lauder, Viacom, Permira, Disney and tycoon Rupert Murdoch. The price is also likely to be redefined in a possible new sales round: when the transaction with Springer was agreed, the ProSiebenSat.1 shares cost around EUR 14; they currently stand at over EUR 19, as reported by Netzeitung.