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Altice, Weill form joint venture for NextRadioTV

Friday 4 December 2015 | 09:23 CET | News
French broadcaster NextRadioTV and Altice have taken a further step in the implementation of their media partnership announced in July. Groupe News Participations (GNP), a company 51 percent indirectly owned by Alain Weill (Chairman and CEO of NextRadioTV) and 49 percent by Altice, has acquired the entire interest held by Weill in NextRadioTV. The assets comprise 6.18 million shares representing 37.77 percent of the capital and 48.59 percent of the voting rights, and 1.76 million NextRadioTV warrants. GNP paid EUR 37 euros per share and EUR 23.28 per warrant. GNP also entered into share

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Categories: Broadcast & Satellite
Companies: Altice Europe / Groupe News Participations / NextRadioTV
Countries: France
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