Kolomoisky to invest in broadcaster CME

PRAGUE, July 3 (Reuters) - Ukrainian businessman Igor Kolomoisky has agreed to provide a $100 million cash injection into the Ukrainian operations of Central European Media Enterprises (CME). Kolomoisky also agreed to merge his and media group CME's TV channels in the ex-Soviet country, TET TV and Studio 1+1, CME said in a statement on Thursday. In exchange, Kolomoisky, a CME shareholder and a member of its board, will get a 49 percent stake in its Ukrainian business. Kolomoisky has also granted CME a put option to sell... [read full story]                    

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