Springer now wants to sell ProSieben after all
Springer is now prepared to compromise on the planned takeover of ProSiebenSat.1 after all.
Springer shows itself in the planned
takeover of ProSiebenSat.1 is now prepared to reach a compromise after all, as
the SDA reported. On Wednesday, the publisher offered the Cartel Office to sell ProSieben
to an independent buyer. The Cartel Office had previously
the sale of the Bild newspaper or one of the two television channels
demanded. Springer had rejected this up to this point. The
However, the timing of the sale is still likely to be the subject of
become: Springer only wants to sell after the deal, the Cartel Office
insists on sale before the merger and on separate marketing
of advertising time.
After the veto of the
media merger control KEK on Tuesday emphasized that he wanted to
television project. The KEK had the
ProSiebenSat.1 takeover on the grounds that the acquisition would
Springer would gain a predominant power of opinion and the
Threatening diversity of opinion. On Friday, January 13, 2006, the
Directors of the state media authorities on the CEC vote in Berlin
advise
ProSiebenSat.1 announced the plans for the sale of
Springer announced that the Management Board could not oppose the sale of the
because this step is not in the interests of the company.
is. There are numerous synergies between the two main channels of the
TV group.
takeover of ProSiebenSat.1 is now prepared to reach a compromise after all, as
the SDA reported. On Wednesday, the publisher offered the Cartel Office to sell ProSieben
to an independent buyer. The Cartel Office had previously
the sale of the Bild newspaper or one of the two television channels
demanded. Springer had rejected this up to this point. The
However, the timing of the sale is still likely to be the subject of
become: Springer only wants to sell after the deal, the Cartel Office
insists on sale before the merger and on separate marketing
of advertising time.
After the veto of the
media merger control KEK on Tuesday emphasized that he wanted to
television project. The KEK had the
ProSiebenSat.1 takeover on the grounds that the acquisition would
Springer would gain a predominant power of opinion and the
Threatening diversity of opinion. On Friday, January 13, 2006, the
Directors of the state media authorities on the CEC vote in Berlin
advise
ProSiebenSat.1 announced the plans for the sale of
Springer announced that the Management Board could not oppose the sale of the
because this step is not in the interests of the company.
is. There are numerous synergies between the two main channels of the
TV group.
