German Newspaper War: Axel Springer Makes Bid For WAZ Group

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By: Scott Roxborough | The Hollywood Reporter

COLOGNE, Germany – European publishing giant Axel Springer has thrown down the gauntlet in the battle for control of the WAZ group, Germany’s third largest newspaper conglomerate. Springer, which owns Bild, Europe’s largest tabloid, has reportedly made a bid for several of WAZ’s key assets in a deal that values the entire WAZ group at nearly $2 billion. 































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