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SLEC - Business Sale
20/02/2002
Formula One's broadcasting and marketing rights have been put up for sale by Leo Kirch, the German media mogul, who aims to break up his debt laden media empire. Advisors are soliciting offers for the 58% stake in SLEC the company that controls the rights. News Corporation will be approached soon. Bernie Ecclestone is rumoured to be considering a buy back at £560m
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