Berlusconi Family’s MediaForEurope Ups Bid For ProSiebenSat.1

The Berlusconi family’s MediaForEurope (MFE) has upped its bid for Germany’s ProSiebenSat.1 Media. MFE’s voluntary public takeover offer has risen to €4.48 per share in cash and 1.3 newly-issued MFE A shares for each ProSiebenSat.1 share. According to ProSieben, this values its shares at €8.15, based on the MFE-A stock’s price on the Euronext Milans […]