Turkuvaz Radio Television Pays 1.1 Bln Usd For Atv-sabah

ISTANBUL - Turkuvaz Radio Television Journalism & Broadcast Corp. paid 1.1 billion USD to Savings Deposit Insurance Fund for ATV-Sabah media group.
Turkuvaz (under Calik Holding) said on Tuesday that Calik Holding had won the tender held for sale of ATV-Sabah on December 5th, 2007.
It paid 1.1 billion USD and took over the media group.
(GC-AY)