Battle lines drawn for

15 Sep 2010
When Axel Springer announced its offer for top French property portal the initial stumbling block appeared to be Bernard Arnault of Groupe Arnault which owns 9 percent of the portal. Arnault immediately argued that Axel Springer's €566 million offer undervalued the portal since it equated to around €34 per share (at time of writing those shares are trading at a little over €37.5). To

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Steve Shipside

Steve Shipside has been a technology and business journalist since 1990. He has written for numerous daily newspapers (Guardian, Times, Telegraph etc.), websites (including the BBC), and TV (he was a presenter for the Blue Chip business program on Sky TV). Over the years he has written just about everything from celebrity chef interviews for Healthy Eating magazine to Spice Girls profiles for French fashion magazine Citizen K. His specialty, however, is communications and marketing, which is a subject that he covered extensively for Wired as well as trade titles Campaign, Ads International, and Revolution. He has also published books on e-marketing (Capstone), presentations (Dorling Kindersley), communicating effectively (DK), and CVs (Dummies guides). He is based in Paris and London and writes news, features, and analysis on the U.K. and French markets for the AIM Group, as well as training French newspaper journalists in the dark arts of social media.