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TI Media expects to close La7 sale to Cairo on March 4

MILAN: Italian broadcaster Telecom Italia Media has postponed approval of the sale of its flagship La7 network to medi
Published February 27, 2013

000-023MILAN: Italian broadcaster Telecom Italia Media has postponed approval of the sale of its flagship La7 network to media company Cairo Communication to March 4, the company said on Wednesday.

 

In a statement, the company, which is controlled by phone group Telecom Italia, said the delay was due to the fact that some details still needed to be worked out.

Copyright Reuters, 2013

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