Dec 11 (Reuters) - Axel Springer SE ::DGAP-ADHOC: AXEL SPRINGER SE: EXCLUSIVE DISCUSSIONS ON THE SALE OF THE STAKE OF AXEL SPRINGER SE IN AUFEMININ S.A..IN EXCLUSIVE DISCUSSIONS WITH TÉLÉVISION FRANÇAISE 1 S.A. ABOUT POTENTIAL SALE OF ITS INDIRECT 78.43% STAKE IN AUFEMININ S.A..WHETHER OR NOT AN AGREEMENT WILL BE REACHED BY NEGOTIATING PARTIES AS WELL AS TERMS OF SUCH AN AGREEMENT WILL DEPEND ON FURTHER PROGRESS OF DISCUSSION.
Nov 7 (Reuters) - Townsquare Media Inc :Townsquare Media Inc qtrly diluted net income per share of $0.51.Townsquare Media - Net revenue for quarter ended September 30, decreased $1.6 million to $164.1 million, as compared to $165.8 million in same period last year.Q3 earnings per share view $0.60, revenue view $167.3 million -- Thomson Reuters I/B/E/S.Townsquare Media says "have begun a strategic review of our entertainment business".Townsquare Media Inc says challenges in entertainment segment offset qtrly results from local marketing solutions segment.
KMH Co Ltd <122450.KQ> : Says it plans to merge with three wholly owned subsidiaries, which were mainly engage in online content business .Merger effective date of Dec. 6 and registered date of Dec. 8.
Viacom Inc : Special committee is comprised of independent directors thomas may and Nicole Seligman, who will act as co-chairs . Special committee has retained debevoise & Plimpton LLP as independent legal advisor, and expects to retain an independent financial advisor . National amusements, directly and through subsidiaries, owns approximately 80% of Class A (voting) common stock of both Viacom and Cbs . Viacom board forms special committee to evaluate national amusements request . Special committee is comprised of independent directors Thomas May and Nicole Seligman, who will act as co-chairs . Special committee is also comprised of Kenneth Lerer, Judith Mchale, Ronald Nelson and Charles Phillips .Formed special committee of independent directors to evaluate request by national amusements that co explore a potential combination with cbs.
Highlight Communications AG : Strategic company decision .Was informed yesterday by Constantin Medien that its management board and supervisory board have resolved strategic shake- up of Constantin Medien Group.
Constantin Medien AG : Resolves to strategically realign Constantin Medien Group and to present this decision to general shareholders' meeting on November 9/10 for approval . Proposed new strategy recommends focusing Constantin Medien Group on sports segment as well as on sports- and event-marketing segment .In this context, also disposal of film segment is to be taken into account.
Wharf Holdings Ltd <0004.HK>: Wharf has received a number of preliminary proposals in relation to its CME business from independent third parties . Emphasize that the strategic review is still in progress . Wharf intends to engage in exploratory discussions with the relevant third parties to clarify preliminary proposals . Has not formed any view about any of these preliminary proposals and has therefore not reached any commitment nor entered into any agreements . CME segment is operated under its wholly-owned subsidiary, Wharf Communications Limited ("WCL"), and includes primarily Wharf T&T Limited, WCL's wholly-owned subsidiary, and i-CABLE .