The board approves the offer of the World Pigasse-Bergé-Niel
Offer Pigasse-Bergé-Niel got the endorsement Monday of the supervisory board of the World allows both parties to enter into exclusive negotiations to resume and recapitalization of the newspaper said Monday the company director of the editors of World.
France Telecom announced earlier in the day that it would withdraw its offer of resumption of the World after the supervisory board, with the competing offer Friday received strong support from employees every day.
Two meetings were held in the afternoon.The supervisory board of the World Ltd has approved 13 votes for and 5 abstentions, while the supervisory board of the World Partners and Associates, which owns 60% of the World Ltd, has voted with 11 votes with 9 abstentions, told Reuters Gilles Van Kote of the Society of Editors of the World.