Germany: Cartel office approves Montgomery's second German newspaper take-over
The German cartel office approved David Montgomery's take-over (see former posting) of the German tabloid Hamburger Morgenpost. The newspaper is now part of the Deutsche Zeitungsholding group, owner of Berliner Zeitung and Berliner Kurier, which was bought by Montgomery and his investment partner Suhler Stevenson in October 2005 (see former posting). Montgomery said the deal was the "next step in his 'buy and build' strategy for the German newspaper market", reported The Guardian.
Sources: Medienhandbuch.de (in German), The Guardian
0 TrackBacks
Listed below are links to blogs that reference this entry: Germany: Cartel office approves Montgomery's second German newspaper take-over.
TrackBack URL for this entry: http://www.editorsweblog.org/mt/mt-tb.cgi/3807
Leave a comment