April 19 Belgian publisher Mediahuis and its
partner VP Exploitatie launched a recommended public cash offer
for all shares in the Netherlands' Telegraaf Media Group
, the three companies announced in a joint statement
TMG's supervisory board said it unanimously supports the
offer of 6 euros ($6.43) per share, and recommends shareholders
accept and tender their shares to the offer.
Mediahuis and VP Exploitatie together own approximately
59.98 percent of the shares.
($1 = 0.9334 euros)
(Reporting by Wout Vergauwen; Editing by Adrian Croft)