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Axel delays Dogan deal after tax-case talks fail
- Source :
- Wall Street Journal. Europe. Nov 26, 2009, A20
- Publication Year :
- 2009
-
Abstract
- Axel Springer AG has postponed the acquisition of a 29% stake in Turkish media giant Dogan Yayin Holding AS. Before the purchase, Axel had hoped that Dogan and the Turkish government would come to an arrangement over the $3.2 billion the government says Dogan owes in taxes and fines.
- Subjects :
- Axel Springer Verlag AG -- Planning
Axel Springer Verlag AG -- Investments
Mass media industry -- Mergers, acquisitions and divestments
Mass media industry -- Investments
Mass media industry -- Cases
Tax evasion -- Cases
Company legal issue
Company business planning
Company investment
Company acquisition/merger
Banking, finance and accounting industries
Business
Business, international
Subjects
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.213126043