TV3 bosses buy stake in station

TV3 bosses buy stake in station

Senior executives at TV3 have acquired a stake of between 7 and 9 per cent in the independent television station following the completion of its acquisition for €265million by Doughty Hanson last week.

Senior executives at TV3 have acquired a stake of between 7 and 9 per cent in the independent television station following the completion of its acquisition for €265million by Doughty Hanson last week.

TV3 has not disclosed how much the executives paid for their combined stake, although it is believed to be based on a percentage of the share capital in the company and not on the overall valuation given to the deal.

The executives are Kathy...

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