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Ray-Ban Heir Boosts Editorial Plans With Offer for Italy’s Fatto
Source: Bloomberg
M&A & RestructuringMedia & Entertainment
Ray-Ban founder Leonardo Maria del Vecchio is considering a €7.15 million ($8.3 million) takeover bid for the publishing company of Italy’s Il Fatto Quotidiano. The potential bid would advance his ambitions in media and journalism; no completed transaction or market reaction is reported.
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