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MTG to Acquire Latvian Free-TV Group

STOCKHOLM: Modern Times Group (MTG) has signed an agreement to acquire Latvijas NeatkarÄ«gā TelevÄ«zija (LNT), the second largest free-TV operator in Latvia. LNT broadcasts national channel LNT, the Russian-language channel TV5 and entertainment channel LMK. This adds to MTG’s existing free-TV operations in Latvia, TV3, 3+ and TV6 channels. The closing of the transaction is …

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