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Tuesday, February 08, 2011

Negotiating Turkey’s media minefield

"Negotiating Turkey’s media minefield
February 8, 2011 12:30 pm by Delphine Strauss

The race to buy assets from Dogan Yayin, the Turkish media group battling multibillion dollar tax fines, is turning into an object lesson in negotiating emerging market minefields. Up for sale are TV and print assets that include two of Turkey’s most popular entertainment channels. Three foreign bidders are in the running: Time Warner, and the private equity firms KKR and Texas Pacific Group."

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