Kirch creditors stiff-arm Saban

Roxborough, Scott
December 2002
Hollywood Reporter -- International Edition;12/10/2002, Vol. 376 Issue 23, p4
Reports that German media firm KirchMedia AG's creditors have rejected a final attempt by billionaire producer Haim Saban to outbid competing investors and take control of the insolvent company. Creditors of KirchMedia who have refused to let Saban present his offer; Investment group with which KrichMedia expects to sign a takeover deal; Amount offered by Saban for stakes in KirchMedia.


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