Broadcast group Central European Media Enterprises (CME) announced today it has closed the sale of 200,000 shares to stakeholder Time Warner Media Holdings. The firm said last month that it was selling the series B convertible redeemable preferred stock to the Time Warner Inc affiliate for US$200 million (€153.6 million). CME plans to use the […]
Broadcast group Central European Media Enterprises (CME) has sold 200,000 shares in the company to stakeholder Time Warner Media Holdings for US$200 million (€153.6 million). CME said the sale of the Series B convertible redeemable preferred stock, along with US$100 million of proceeds from a public share offering that was completed in May, would be […]
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