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Mondadori Damages May Be Cut to 300 Million Euros in CIR Case

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Oct. 21 (Bloomberg) -- Silvio Berlusconi’s Fininvest SpA may pay reduced damages of about 300 million euros to CIR SpA in their legal dispute stemming from the takeover of Arnoldo Mondadori SpA, a lawyer for Berlusconi told reporters in Rome today. Niccolo Ghedini said a court consultant recently lowered the potential damages by about half.

Link to Company News:{CIR IM <Equity> CN <GO>}

To contact the editor responsible for this story: Dan Liefgreen at dliefgreen@bloomberg.net

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