Virgin Bollore would buy 17 per 70 million euros
Consolidation of DTT channels requires the Bollor? group Lagardere and entered into exclusive negotiations for the acquisition of Virgin 17, the music channel of Lagard?re.
The sale comes as seems acquired the amendment to the agreement of the chain that ultimately could be more musical but mini GP. However, it is not sufficient to date to pull the string to a value comparable to that of NT1, one of its competitors whose value was set at its sale to TF1 between 100 and 150 million payday advance Low fees . Sources familiar with the matter speak for a recovery of about 70 million euros for Virgin 17 half high.
It remains to be seen whether the sale of Virgin 17 will be a good financial transaction knowing that the loss of the channels are estimated between 20 and 30 million euros for 2009.However, the Bollor? Group is a good move in expanding its presence on DTT now with two strings which can organize spending.
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