Scripps Networks to be new owner of TVN?

As ITI group received binding offers two weeks ago, Scripps Networks (SN) is to the closest to acquiring a controlling stake in Polish broadcaster TVN, Puls Biznesu daily reported. The American media company offered the highest price, amounting to PLN 20 a share. The price is crucial to the sale, the daily pointed out. What is more, SN presented a lot ideas for TVN's development, and since it is not present on the Polish market there will be no need to conduct a redundancy program in the station. Previously, the press nominated Germany's Bauer as the potential new owner of TVN.