The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
ACQUISITION
FDN Database Reference: A0235-231116
Acquirer: ITV plc
ACQ Web: http://www.itv.com
Location: United Kingdom, London
Region: Europe
Description: Network of British commercial television broadcasters
Category: Media: Entertainment
Contact 1: ITV has made a one-off cash payment of £18m for Disney¹s 25% stake in GMTV, together with a further one-off payment of £4.25m in respect of Disney¹s share of the forecast cash balance in the business as at the year end.
Vendor: The Walt Disney Company Limited
Vendor Web: http://www.disney.com
Location: USA, Burbank, CA
Region: North America
Description: Largest media and entertainment conglomerate in the world
Category: Media: Entertainment
Contact 1: Bob Iger, President & CEO
Contact 2: John E. Pepper, Jr., Chairman
Aprox. Value: A one-off cash payment of £18m for Disney’s 25% stake in GMTV, together with a further one-off payment of £4.25m in respect of Disney’s share of the forecast cash balance in the business as at the year end.
Details: ITV plc today announces that, via its wholly owned subsidiary ITV Broadcasting Limited, it has secured full ownership of GMTV Limited, the national breakfast-time Channel 3 licensee, having acquired the remaining 25% equity stake in the business from The Walt Disney Company Limited and one of its subsidiaries.
Link: Guardian
Fusion Corporate Partners 
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