Le Monde Accepts French Trio's Offer, Snubbing Sarkozy: Video
Bloomberg's Elliott Gotkine reports from Paris on the sale of the French national newspaper Le Monde.
A group of investors, which includes Yves Saint Laurent Group partner Pierre Berge, Internet billionaire Xavier Niel and Lazard Ltd. banker Matthieu Pigasse agreed to pay 110 million euros ($135 million) to take control of the 65-year-old Paris afternoon daily, helping it avert a capital crunch. (Source: Bloomberg)
Running time 02:51
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