Word: lagarde
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Dates: during 2004-2004
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...ration, the feisty left-leaning tabloid daily, was getting the eye from Edouard de Rothschild, scion of the banking family. The real acid test will come, however, with Le Monde, which is seeking €50 million in new investment and is in talks with defense and media conglomerate Lagardère, as well as Madrid's daily El País. If it gets the new funds, Le Monde will have to pay for layoff packages for about 90 employees, work down its debt, and most importantly figure out a new direction. Colombani's aides say he wants to return...
...INDICATORS Lining Up The Soldiers Aircraftmaker Groupe Dassault will boost its stake in Socpresse, owner of periodicals such as Le Figaro, from 30% to 80%. The move strengthens ties between the French media and defense industry; Lagardère, owner of magazine powerhouse Hachette, has a 15% stake in defense concern EADS...
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