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ABS-CBN, TV5 forced to terminate investment deals

ABS-CBN Corporation and the MVP Group’s TV5 Network Inc. have been forced to terminate their investment agreement, including the deal involving their cable TV units, following moves by legislators and various regulators to block it. In a disclosure to the Philippine Stock Exchange, ABS-CBN and TV5
Network Inc Lopez Inc Sky Vision Corporation Cignal Cable Corporation National Telecommunications Commission Philippine Stock Exchange
Source: mb.com.ph

ABS-CBN, TV5 terminate landmark investment deal

Giant networks ABS-CBN and TV5 announced on Sept. 1 that they have mutually agreed to terminate an investment partnership. The full statement issued by both networks: "In disclosures to both the Philippine Stock Exchange and the Securities Exchange Commission today, Sky Vision Corporation
Sky Vision Corporation Network Inc Lopez Inc Securities Exchange Commission Cignal Cable Corporation Sky Cable Corporation
Source: mb.com.ph

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