TMG conditionally sold to Mediahuis for $295 million

08 Apr 2017
The board of Telegraaf Media Group (TMG) unexpectedly fired the CEO and CFO (Geert-Jan van der Snoek and Leo Epskamp respectively), for allegedly endangering the take-over by a consortium consisting of Het Mediahuis and VP Exploitatie, took control of the communication lines with the consortium, and issued a joint statement with the consortium provisionally accepting an offer valuing TMG at $295 million U.S..

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Anastasia Gnezditskaia

Anastasia Gnezditskaia has joined AIM Group in 2014 as a writer/analyst covering France, Belgium, the Netherlands and Eastern Europe. A Russian living in Antwerp, Belgium, she has a background working for trade publications covering markets and their regulation. She is educated at Moscow State Lomonosov University (MA in psychology) and Central European University (PhD in public policy). After obtaining her doctoral degree, she taught international political economy at George Washington University in Washington DC where she lived for 10 years. Following this she managed international development projects in Africa at the World Bank, and worked as a journalist covering Congress, federal government agencies and commodity markets, particularly shale gas development in North America.