ProSiebenSat.1 Abandons Plans to Combine With Axel Springer

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The headquarters of German television broadcaster ProSiebenSat.1 Media AG in Unterfoehring, Germany.

Photographer: Krisztian Bocsi/Bloomberg

ProSiebenSat.1 Media SE and Axel Springer SE have abandoned plans to combine to strengthen their push into digital media and will instead limit their cooperation to promoting startups in Germany.

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