The sources say that the German Brucepin holds a meeting of the Board of Directors on the deal of the Atlantic General.

(Reuters) – Two sources in the German broadcaster, two sources close to the matter told Reuters.

GENERAL Atlantic is a co -founder of PROSIEIBEN’s internet units – Verivox and Perfume E -Rtailer Flaconi and PARSHIPMEET group online dating platform – which the TV group is looking to sell.

Prosieben said earlier this month that she was working on a deal to buy minorities of the US company in Parshipmeet and Nucom Group, the holding company that includes Verivox and Flaconi, using mandatory conversion bonds that will be issued or maybe the treasury shares.

The deal will make Prosiebensat.1 the only owner of digital assets, which removes an obstacle to the proposed sales of Verivox and FLACONI, which the Atlantic General has current power.

One of the sources said that Prosieben is studying an option that he must avoid voting to the shareholder in issuing the necessary shares for mandatory transfer bonds.

The person said that he could do this by increasing the “emergency” capital, an option that allows the company to issue up to 23.3 million shares, or 10 % of its capital, with the approval of the Supervision Council only.

Bruceki and General Atlantic refused to comment.

The “Cont” Capital “option mitigates the current shareholders’ shares in Bruceki, including the best investors of MFE-Mediaforepe, which carries nearly 30 % of Bruceki, is slightly less than the threshold that causes German laws a mandatory offer.

The Berlusconi family in Italy has obtained a 3.4 billion euro financing package to finance a possible acquisition of Prosieben, which can later later later this year under a batch to build a European advertising broadcaster.

MFE will use part of the debt package to re -financing 2.1 billion euros of the total debt that Prosieben may need to pay MFE if the MFE crosses 50 % of the vote. The condition of “changing control” in the debt contracts of Brucebin gives the option to do so.

Prussibin has a market value of 1.4 billion euros at Friday prices.

(Participated in the coverage of the Vera Polina in Milan; additional reports from Christophe Stez in Frankfurt; edited by Valentina Za and Bernadet Boom)