From the WebNews

ProSiebenSat.1 Plans Sale of Dating Platforms After Takeover

MFE-MediaForEurope, owned by Italy’s Berlusconi family, has taken tighter control of the German TV group ProSiebenSat.1 after buying more than 75% of its shares in a €1.8B deal. The goal is to turn the company around by focusing on its main TV business and selling off side ventures, such as e-commerce and dating platforms, to reduce debt.

Read the full story on Reuters.

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