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BB13 Big Brother 13 started June 5th 2012 on Channel 5, and was won by Luke A. Discuss here.

 
 
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Old 13-12-2011, 07:43 AM #1
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arista arista is online now
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Default Time Warner makes €1bn bid for Endemol

http://www.guardian.co.uk/media/2011...er-bid-endemol



"TimeWarner
has submitted a second takeover bid for Endemol,
the debt-laden producer of Big Brother
and Deal Or No Deal, with a sweetened offer of €1bn in cash.
In November, Time Warner tabled a speculative €1bn (£858m)
offer with elements of cash and debt,
which was rebuffed by the company which
is in the final stages of agreeing a protracted
restructuring of €2.8bn debt.

Endemol,has a deadline of Tuesday
to hammer out an agreement before
it has to roll over its agreement with creditors on Tuesday.
Its lenders have all but rejected the latest offer."


Endemol has to make its mind up.
Its so simple now it's all on the table.

Last edited by arista; 13-12-2011 at 07:44 AM.
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