Tag #Mediaforeurope

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MFE Launches Takeover Bid for ProSiebenSat.1 at Minimum Price

MediaForEurope (MFE), part of the Berlusconi empire, launched a takeover bid for German media company ProSiebenSat.1, offering the minimum legal price of approximately €5.75 per share, a price below the current market value, causing negative market reaction despite a pre-arranged agreement securing ...

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