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ProSiebenSat1 shares spike after Reuters report on owner exit01.28.2011
Shares in German broadcaster ProSiebenSat1 rose 3.7 percent on Jan 28, making it the second biggest midcap gainer, after a Reuters report about the exit plans of its owners. Sources had told Reuters that private equity firms KKR and Permira are mulling a sale of their ProSiebenSat1 shares by the fourth quarter. The news was immediately picked up by websites of major news groups like Sueddeutsche Zeitung. |
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