Wednesday, January 31, 2007

Shareholders ok M-Net sale

Shareholders in media company Johnnic Communications (Johncom) on Wednesday approved the company's sale of its 38.56% interest in pay television channel Electronic Media Network (M-Net) and SuperSport International Holdings.

The shareholders also approved the unbundling to Johncom shareholders of the Naspers Limited shares received as part consideration.

Read Full Article at FIN24.co.za

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