Wednesday, June 17, 2009

Business FM radio station to buy a metallurgist Vladimir Lisin.

The owner of Novolipetsk Metallurgical Combine, and one of the richest people of Russia Vladimir Lisin agreed to acquire the holding company United Media, which owns the radio station Business FM and portal BFM.Ru. This writes the newspaper Kommersant, citing anonymous sources at. The deal, according to the publication, will be 23.5 million dollars. The main owner of media "is a businessman Arkady Gaidamak.
It should be noted that the owners "of the media has already tried to sell the asset at the market, but were unable to do so. In particular, the negotiations for the acquisition of the holding company had "Kommersant," but it is not arranged for the structure of the transaction.
In April 2009, it was reported that Gaidamak intend to June 2009 to sell 10 per cent "of media's top managers of the company for one dollar. The transaction was to increase the motivation of employees.
"Arkady Gaidamak" invested in "United Media" approximately 30 million dollars. In 2008, the market value of the company to assess its leadership in the 80-100 million dollars. However, during the crisis, which, inter alia, led to a reduction in revenue from advertising, the value "of the media" have dropped dramatically.
Vladimir Lisin already has several mediaaktivov. For example, he owns a newspaper newspaper, several radio stations in the regions, primarily in the Lipetsk region. Not yet known whether Lisin to combine its assets with United Media. "
Arkady Gaidamak created "United Media in 2007 on the basis of the newspaper Moscow News, which was closed in the year 2007. In addition to Business FM and BFM.Ru, this company has a weekly newspaper Business & FM and Radio 98 hits. Revenues for the company in 2008 amounted to 340 million rubles, and net loss - 29.6 million rubles.

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