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The future of one of France’s most respected newspapers is looking a little brighter. A joint bid worth more than 100 million euros has been put in for loss-making Le Monde by France Telecom, Spanish firm Prisa and Claude Perdriel, the owner of French news magazine, Nouvel Observateur.
The group aims to buy a 34% stake in Le Monde from Lagardere with France Telecom mainly interested in the paper’s online activities.
More about: France, Media, TelecommunicationCopyright © 2012 euronews
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