Ringier allegedly offered Cash online for sale at banks
Now that the two publications, *Cash* and *Cash Daily*, have been discontinued, the *Cash Online* portal is reportedly also up for sale. Ringier is said to have offered the business portal to banks for purchase.
So far apparently without success. This is what the Sonntagszeitung is said to have learned from a "reliable source". The asking price of between 15 and 20 million Swiss francs was far too high, an insider familiar with the dossier is quoted in the Sunday paper. Ringier spokesman Edi Estermann, however, vigorously denies any plans to sell.
The fact is, however, that Ringier Switzerland CEO Marc Walder has set up a task force to review the future of Cash.ch, the Sunday newspaper continues. It is obvious that banks will also be approached in this context.
