MBK-backed Taiwanese TV firm gets Sony bid
Japanese electronics giant Sony Corporation has made an NT$6 billion ($188 million) acquisition bid for MBK Partners-backed Taiwanese cable television company Gala TV, according to local reports.
Taiwanese media reported that the pitch came from Sony's web division So-Net, which has sought to ramp up the operations of its on-demand web TV portal in Taiwan. The company would be able to broadcast...
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