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JimD
 Post subject: Endemol to re-acquire French subsidiary for €450 million
PostPosted: 09 Jan 07, 20:37 
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"Big Brother" creator Endemol to re-acquire French subsidiary for €450 million

AMSTERDAM, Netherlands: Endemol Entertainment Holding NV, the creator of "Big Brother" and other television programs, said Tuesday it has agreed to purchase Endemol France for around €450 million (US$586 million) in cash and debt.

The French arm was separated from the rest of Endemol in 2005 due to a dispute over management pay.

IHT.com
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