Deals Rumor Mill: Al Jazeera, Warburg Pincus, Sony

Law360, New York (December 18, 2013, 4:02 PM EST) -- Broadcaster Al Jazeera is considering buying a majority stake in Turkish satellite-TV provider Digiturk to give itself more soccer offerings as Qatar, its home country, prepares to host the 2022 World Cup, Reuters reported on Wednesday. The Qatari-backed company is the latest in a slew of prospective bidders to take an interest in Digiturk since the company spiraled into debt to a state agency. Turkey's Savings Deposit Insurance Fund has seized a 53 percent Digiturk stake. The Turkish company recently inked a $321 million-a-year deal that...
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