Gol TV deal Red-Carded.
May 25, 2007
According to Multichannel News, the proposed deal that would have seen Dave Checketts’ SCP Worldwide take a majority stake in soccer-centric Gol TV was offsides.
Gol TV chief operating officer Rodrigo Lombello and SCP executive Chris Bevilacqua said that while the framework for an agreement had been sculpted, the companies’ respective boards declined to finalize the deal over “a variety of issues.” The executives would not address whether the details involved financials or executive-leadership issues.
By Mike Reynolds — Multichannel News
To view entire article CLICK below, courtesy of Multichannel News:
< http://multichannel.com/article/CA6454782.html>
