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ProSiebenSat.1 Media

German company

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acquisition by Axel Springer Verlag AG

  • In Mathias Döpfner

    …Springer’s $3 billion acquisition of ProSiebenSat.1, Germany’s largest television concern, marked its first step outside publishing. The merger gave the company access to five German television channels that claimed a combined 45 percent market share and moved the firm into direct competition with the privately owned German media giant Bertelsmann…

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