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#6609 23/06/09 03:45 PM
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i keep hearing rumours about a big spanish investment in us wondered if anyone knew anymore about it? i am not sure i believe its true to be honest but i was hoping someone would have some insight

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I live in Spain Trepie and I haven't heard anything to be honest...

do these rumours say who the investor/s might be?

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some say seville based consortium but i don't really have any clear rumours on it - is a complete mystery to me but i am getting swamped with emails about it!

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The Spanish investment rumours on here, i don't know if they are accurate or not. There is only one Spanish company involved in Media, who are big enough to spend the type of money investment in LFC would take and They are the PISO GROUP, who own El PAIS which is a famous paper in spain. Its Chairman is Jesús de Polanco, who loves foreign investment (recent move into USA and central america's). They also have cash- quote ". In the first nine months of this year, Prisa's revenue rose 5 percent from the year-earlier period, to 988.7 million euros, or $1.19 billion. ." If any1 knows more, then let us know. Cheers

i had this sent to me i am not sure if anyone in spain knows anymore?? i am not sure if it is a complete windup or not lol


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