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Bauer to acquire TVN?

10:45

Bauer to acquire TVN?
German concern Bauer Media Group will most likely purchase the main holding of Polish television station TVN, according to Gazeta Wyborcza citing three independent sources. The daily indicates that Bauer is the closest to acquiring 51 percent of TVN's shares worth PLN 2.1 billion. The transaction is to be concluded by the end of February. Bauer is the owner of Polish radio RMF.FM and the internet website interia.pl. If the German company buys TVN, it will become one of the largest European media concerns, the daily pointed out.    

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