Critics pan Springer's merger plan
Article Abstract:
The planned merger of Axel Springer AG of Germany and ProSiebenSat.1 Media AG of Germany is facing heat from critics. The merger of Germany's newspaper publishing giant and the television broadcasting interest for approximately 4.32 billion Euros ($5.17 billion) is being interpreted as a cause for concern as the acquisition could be an antitrust issue, putting a choke hold on competition.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Springer to buy broadcaster ProSieben for $3.01 billion
Article Abstract:
Axel Springer AG of Germany is to acquire ProSiebenSat.1 Media AG of Germany for 2.47 billion Euros ($3.01 billion). The deal would nearly double the leading German newspaper publishing company's value to 4.2 billion Euros.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
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