ProSiebenSat.1, RTL : Rise after Bertelsmann CEO backs merger

RTL SA

17/02/2020 08:52

** Shares in RTL Group  RRTL.DE  rise 3.7% while
ProSiebenSat.1  PSMGn.DE  is up 2.3%
    ** Publisher Bertelsmann's  BTGGg.F  CEO Thomas Rabe said on
Sunday that its TV arm RTL Group should be allowed to merge with
German rival ProSiebenSat.1 to give them a fighting chance
against U.S. streaming giants  urn:newsml:reuters.com:*:nL8N2AG0CQ
    ** Shares in RTL Group are on track for their best day in
more than three months
    
    

 ((Veronica.snoj@tr.com))