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Kirch In Talks With Liberty Media

Kirch In Talks With Liberty Media

The FT reports this morning that troubled German media company Kirch have held talks with Liberty Media regarding the group’s debts (see Kirch Group Faces Financial Crisis, Say Reports) and possible ways of raising funds in order to meet loan repayments and satisfy demands from shareholders.

In November Liberty boss John Malone met Leo Kirch in Berlin in order to discuss the possibility of a buying out BSkyB’s stake in Kirch (see Murdoch In Talks To Sell Stake In Kirch To Liberty Media).

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