Thursday, May 10, 2007

Indian media untouched by M&A wave

May 10 - Business Standard - After writing reams on merger and acquisitions (M&A) worth trillions of dollars, the media industry is now playing the protagonist in the takeover drama with $53 billion worth of hostile and agreed offers hitting the headlines since the beginning of 2007. While the overall M&A activities so far this year have crossed the $2 trillion mark, the media and publishing sector’s share has soared past $50 billion with two of the world’s biggest media properties Reuters and Dow Jones emerging as hot takeover targets. Read More.

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