(Reuters) - In a preview Thursday of an article to be published on
Friday, the newspaper did not say how big TMG's stake in
ProSieben would be.
In exchange for the stake, TMG would forsake a right of
last refusal clause, which entitles it to buy the rest of SBS
if the company's majority owners, private equity firms Permira
[PERM.UL] and Kohlberg Kravis Roberts, [KKR.UL] opt to sell.
Read more at Reuters.com Mergers News
Friday, the newspaper did not say how big TMG's stake in
ProSieben would be.
In exchange for the stake, TMG would forsake a right of
last refusal clause, which entitles it to buy the rest of SBS
if the company's majority owners, private equity firms Permira
[PERM.UL] and Kohlberg Kravis Roberts, [KKR.UL] opt to sell.
Read more at Reuters.com Mergers News
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