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Having already bought Yad2, the German media giant wants to acquire the Golden Pages website directory company.
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The sum being offered by Axel Springer is 75% above the purchase offer made last month by FIMI Opportunity Funds (FIMI) and Sky Fund.
A shareholders meeting has been called to discuss the two offers. Zap Group has debts totaling NIS 80 million (about $23 million)
Published by Globes [online], Israel business news – www.globes-online.com – on June 9, 2014