Tuesday, July 10, 2007

UPDATE 1-Turkish Dogan TV in deal with Time Warner

(Reuters) - Its stock rose 2.6 percent to 5.85 lira, outperforming a
flat Istanbul market , after a trading suspension was
lifted following the news.




Dogan Yayin said in a statement to the stock market Dogan
TV, 25 percent of which was sold to German publisher Axel
Springer last year, had reached a deal with Time
Warner Inc., but gave no details.


Read more at Reuters.com Mergers News

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