- Who Were the Biggest Winners And Losers This Year?
- Look Ahead: Markets Count Down to US Jobs Report
- GE, Comcast Complete Deal Over NBC Universal: Source
- US May Raise Rates Before Jobs Recover: Fed's Plosser
- Cramer: Watch Tech Stocks Wednesday
- Stocks Likely Don't Need Santa to Keep Rally Going
- Larry Kudlow's Open Letter to Tiger Woods
- Super Fantasy Christmas Gifts of 2009
- AIG Slashes US Debt Under Deal With New York Fed
- Unemployment to Peak at 10.5%: Moody's Economist
- 8 Stocks to Gain on Obama's Afghan Plan: Analysts
- BofA On Proposed Changes In The Housing Bailout Program
- The Future of The Media Landscape
- November Auto Sales Muddle Along
- Busch: What Obama Won't Say Tonight
- Stick with Equities—Avoid Emerging Markets: Laszlo Birinyi
- Pfizer Chomps On A Carrot
- Predictions 2010: Technology
Text Size 
ISTANBUL, Nov 10 (Reuters) - Turkish media mogul Aydin Dogan, who is embroiled in a dispute over a record tax fine, is to sell five of his newspapers to Germany's Axel Springer , the Aksam daily reported on Tuesday. The newspaper did not specify a source for its report. Dogan's media group Dogan Yayin said in late October it was seeking new partners or the sale of stakes in subsidiaries in the face of a 4.8 billion lira ($3.3 billion) tax fine. The sale of the five papers - Milliyet, Vatan, Posta, Radikal and Fanatik - would leave the group with only the Hurriyet newspaper, alongside its television and other media interests. Dogan was not immediately available to comment on the report. Dogan says the government has singled out the company for its critical coverage and the European Union, which Turkey wants to join, has criticised the penalty. The government says it is purely a tax matter and not politically motivated. Dogan Yayin, which controls half of Turkey's private media, is due to meet Finance Ministry officials on Nov. 24 to discuss the fine which has raised concerns about freedom of the press in Turkey. (Writing by Daren Butler; Editing by Erica Billingham) ($1=1.47 lira) Keywords: DOGANYAYIN/NEWSPAPERS (daren.butler@reuters.com; +90 212 350 7057; Reuters Messaging: daren.butler.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Print
Email
- Will the Fed raise rates? Will the dollar continue its slide? CNBC experts weigh in on the year ahead.
- Goldman Sachs has forbidden employees from gathering in private holiday parties of 12 or more.
- Do you have what it takes to run your own business? Ask yourself these questions.
- Heavily armed pirates in Somalia have set up a sort of stock exhange to fund their hijackings.
- Since its launch in 1998, Google has become a primary force on the Internet. How much do you know about the company?
- A famed author has written all his work on an old typewriter that is now up for auction. The NYT reports.
Data is a real-time snapshot *Data is delayed at least 15 minutes