Shadow
20-09-2012, 17:47
Mediaset out, Sky Italia possible La7 bidder From Branislav Pekic in Rome Less than one week before the deadline for the submission of non-binding bids, Italian commercial broadcaster Mediaset has pulled out of the bidding to acquire the TV assets of Telecom Italia Media. In a reaction to press speculation, Mediaset issued a statement in which it formally rules itself out of the race, revealing that such a decision was reached back in July, after an examination of data regarding the assets. Meanwhile, news has emerged of the possibility of Sky Italia taking part in the bidding process. Previously, Al Jazeera, Discovery Channel and L