Cyfrowy to buy online video service for $50 million

Reuters News
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Posted: Mar 12, 2012 4:19 AM
Cyfrowy to buy online video service for $50 million

WARSAW (Reuters) - Poland's largest media group Cyfrowy Polsat <CPSM.WA> agreed to buy online video service ipla for 150 million zlotys ($48.1 million) from a company owned by Cyfrowy's controlling shareholder Zygmunt Solorz-Zak, it said on Monday. ($1 = 3.1166 Polish zlotys)

(Reporting by Adrian Krajewski)