ISTANBUL - Dogan Medya Group (DMG) announced it would put minority shares of their subsidiary Dogan TV --Radio Broadcasting and News Agency Ltd.(Dogan Tv)-- on sale and that it would soon start negotiations with prospective buyers.
According to a statement issued by DMG to the stock market, DMG decided to sell up to a maximum 25 percent of shares of Dogan Tv. DMG currently own 97,8 percent of the stocks.
"Terms of sale for the mentioned shares have not been set yet, and will be specified after meeting with possible buyers. General public will be informed about developments regarding this issue" said the statement.