Saban readies German funds.BILLIONAIRE Haim Saban Saban needs partners to help finance his $2.2 billion bid for a majority stake in the broadcaster, ProSiebenSat1 Media AG, along with Europe's biggest film rights library, the people said. Saban is also in talks with Black-stone Group LP, the sources said. Saban, producer of the "Mighty Morphin Power Rangers Mighty Morphin Power Rangers ("MMPR") is an American live-action television series, created for the American market, based on the sixteenth installment of the Japanese Super Sentai franchise, Kyōryū Sentai Zyuranger. ," agreed last month to buy the assets from KirchMedia GmbH, which filed for protection from creditors a year ago. The purchase would provide Saban with a rare chance to expand into the world's second-largest media market. Saban plans to present the companies that will help finance the purchase by the end of May, the people said. Thomas H. Lee Partners Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . Thomas H. LP may also join Saban, according to a Financial Times report. Also planning to join Saban is TF1 Television Francaise 1 SA, France's most-watched television channel, with a $110 million to $165 million investment. Saban himself wants to pay between $439 million and $549 million and is looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. as many as four partners, the people said. Saban spokeswoman Elisabeth Ramelsberger declined to comment, as did representatives of Black-stone, Texas Pacific, Thomas H. Lee and Carlyle. |
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