CBS Plots Launch of Streaming Local-News Service

mariachiacero.com
WARSAW, July 6 (Reuters) - U.S. media group Scripps Networks Interactive said on Monday it intended to make a tender offer for shares of Polish broadcaster TVN, offering 20 zlotys ($5.27) per share, to gain full control over the firm. The company agreed in March to buy a 52.7 percent controlling stake in TVN from financial holding firm ITI and French media firm Vivendis Canal+. Scripps plans to increase its stake in TVN to 100 percent of shares as the result of the tender and is considering delisting the broadcaster from the Warsaw bourse. TVNs shares closed at 19.55 zlotys on Friday. ($1 = 3.7984 zlotys) (Reporting by Agnieszka Barteczko; Editing by Wiktor Szary) View comments
Morning Miracles: Embracing a New Day and New Possibilities
Exploring the transformative power of NLP and morning reflections on life and miracles.