MILAN – The Board of Directors of RCS MediaGroup “decided to adjourn the meeting to complete the examination of the items on the agenda for the meeting convened March 6 next. ” And on the agenda are the disposals of the group, starting with the evaluation of the offer is not binding on Mondadori RCS Libri. Today’s meeting lasted five hours and was preceded by a committee of risks a couple of hours. The editorial board of the group was called to take stock of the disposal process in place, with an evaluation strategies. The Board had in fact emerge guidance in particular in terms of RCS Libri, considered strategic plan of the company, but the subject of the expression of interest of Mondadori. Were not excluded for updates on other disposals on which is working on publishing group. The decision to adjourn at the time would not seem a setback in business plans: the appointment of the board promised to be very long already at the entrance and it was expected that gave “battle” in particular councilors Piergaetano Attilio Marchetti and Guarneri, the latter expression family Rotelli as a minority shareholder. The meeting was absent only Roland Berger. Apparently in the course of the board would be made a thorough analysis of the situation, but did not get to any vote. If the RCS decided to review strategies on Books to start negotiations with Mondadori, in all probability it would still take weeks to achieve the “due diligence”, the analysis of the accounts of the company. The current board will expire with the meeting of April 23, and any final decision should then be taken by the new Board will be elected on that occasion. RCS Books should be worth between 120 and 150 million euro. Among the group’s activities in sales, then, the most important seems to be the participation in radio, with 44.5% of Finelco (Virgin Radio and R101 Radio Montecarlo), which was circulated rumor in recent days of close imminent .
- Arguments:
- RCS
- RCS Books
- mondadori
- Starring:
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