Bertelsmann May Sell Broadcast Unit

Aug 29, 2008  •  Post A Comment

Bertelsmann AG CEO Hartmut Osrowski suggested that the European media giant may sell a stake in its RTL Group, its publicly traded broadcast segment, the Wall Street Journal reports. The sale could rake in as much as 1.5 billion euros ($2.2 billion) for the company, which has been facing debt and low sales, the paper says.
—Sergio Ibarra

One Comment

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