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Mediaset, leave or double on Digital+

The Biscione company has until June 20 to decide what to do with its share in Spanish pay-TV Digital+: it will be able to exercise the right of first refusal to match Telefonica's offer and share control of Digital+ or overcome it with a raise – It seems furthermore that Telefonica has offered Mediaset 350 million euros for its 22%

Mediaset, leave or double on Digital+

Mediaset's stock on the Stock Exchange is still on the rise, after yesterday's +4% and today, half an hour after the opening, it gains 0,4%, to 3,79 euros. 

The Biscione company has until June 20 to decide what to do with its share in Spanish pay-TV Digital+: it will be able to exercise the right of first refusal to match Telefonica's offer and share control of Digital+ or overcome it with a raise. 

It also appears that Telefonica has offered Mediaset 350 million euros for its 22% of Spanish pay TV, more than 50 million more than what is due under existing agreements. 

Another driver of the increase is Al Jazeera's interest in joining Mediaset Premium. 

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