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Monday, March 16, 2009

Turkey's Dogan puts up new collateral for tax fine | Reuters

"Turkey's Dogan puts up new collateral for tax fine
Mon Mar 16, 2009 2:17pm IST

ISTANBUL, March 16 (Reuters) - Dogan Yayin (DYHOL.IS: Quote, Profile, Research), Turkey's largest media group, is putting up 45.4 percent of its shares in a company it owns to cover a $500 million penalty for alleged tax violations, the company said on Monday."

More:UPDATE 1-Turkey's Dogan puts up new collateral for tax fine | Reuters