Turkey's Dogan denies newspapers' sale report - News

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Turkey's Dogan denies newspapers' sale report

By: AFX | 10 Nov 2009 | 02:53 AM ET

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ISTANBUL, Nov 10 (Reuters) - A source from Turkey's media group Dogan Yayin, which is in a dispute over a huge tax fine, on Tuesday denied a media report that five of its papers were being sold to Germany's Axel Springer. The Aksam daily reported on Tuesday that Turkish media mogul Aydin Dogan was selling the newspapers, but did not specify a source for its report. "There is no such transaction between Axel Springer and Dogan Yayin Holding regarding Dogan Gazetecilik assets," a source at Dogan Yayin told Reuters. Dogan Yayin said in late October it was seeking new partners or the sale of stakes in subsidiaries in the face of a record 4.8 billion lira ($3.3 billion) tax fine. (Reporting by Daren Butler) Keywords: DOGANYAYIN/NEWSPAPERS DENIAL (daren.butler@reuters.com; +90 212 350 7057; Reuters Messaging: daren.butler.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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