English investment fund Alegro Capital buys Bulgarian TV7.

By bne IntelliNews November 21, 2012
London-based corporate finance and M&A advisory firm Alegro Capital bought Bulgarian TV7 from local Crown Media for an undisclosed sum. The media market in Bulgaria has a great potential, which is why the fund decided to make an investment and buy one of the leading TV channels in the country, Patrick Martin, managing director of Alegro Capital, said. TV7 has climbed to third place on the local media market for a very short time, up from 12th before, the media said.

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