MFE-MediaForEurope, the Berlusconi-owned pan-European media holding company, this morning announced it has raised its takeover offer for ProsiebenSat.1. The increase comes after the ProSieben board recommended shareholders reject MFE’s previous bid, which the German broadcaster called “inadequate from a financial perspective.” The media holding company, which is ProSieben’s largest shareholder, has therefore upped the offer, Read More
