On Monday, we said:
we’re guessing that if the current exchange rates hold up, they’re going make acquisition target mincemeat out of American media companies. Or American Media companies. Or both
Today, Keith Kelly said:
rumors are swirling that a European suitor is sizing up [American Media] for a buyout.
Speculation has centered on Italian Prime Minister Silvio Berlusconi or possibly German cable giant Kirsch. Pecker says it is not true, however. “No international company or American company has contacted me or my partners,” he said.
The
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