Saban submits fresh bid for ProSiebenSat.1
US billionaire Haim Saban is poised to take over 72% of the voting shares in the German broadcasting group ProSiebenSat.1 as part of a bidding alliance with five private equity investors.Sources at the insolvent KirchMedia confirmed press reports on August 4 that a revived bid from Saban would be on the table at a meeting of the media group's creditor committee on August 5.The German daily newspaper Sueddeutsche Zeitung had reported in its August 4 edition that Saban ...
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