Saban closes its ProSiebenSat.1 Media deal
The U.S. billionaire and media entrepreneur who birthed the Power Rangers franchise has managed - on his second try - to buy a majority stake in Germany's largest private TV network, ProSiebenSat.1 Media. In a deal that was finalized on August 11, a subsidiary of Haim Saban's Saban Capital Group acquired 36% of the share capital of ProSiebenSat.1 (representing 72% of the voting rights) from KirchMedia.
September 1, 2003
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