Brief: Mondo TV Says Squirrel Media Buys 75% Stake In Mondo TV Studios
June 28 (Reuters) - Mondo TV SpA MTV.MI :
* SQUIRREL MEDIA SHAREHOLDERS' MEETING APPROVES PURCHASE OF
ENTIRE
STAKE HELD BY MONDO TV IN MONDO TV STUDIOS
* STAKE AMOUNTS TO 75% OF MONDO TV STUDIOS' SHARE CAPITAL
* AS A RESULT OF TRANSACTION, MONDO TV BECOMES MINORITY
SHAREHOLDER OF SQUIRREL MEDIA UPON COMPLETION OF TRANSACTION
EXPECTED IN JULY.
Further company coverage: MTV.MI
(Reporting by Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48587720920;))