Hungarian Company Court Rejects Megapolis’ Application For Registration As TV2 Owner
- 26 Jan 2016 8:00 AM
The company court’s resolution confirmed that the owners of TV2 Media Group Holdings are Yvonne Dederick and Zsolt Simon, who are also managing directors of the company, and said that several statements by the representatives of Megapolis Media on the subject are false.
Legal dispute about the ownership emerged after producer Andy Vajna announced his purchase on October 16, 2015 when Károly Fonyó, an associate of businessman Lajos Simicska, said his company Megapolis Media bought TV2 on October 13 through calling his preemption rights acquired in autumn 2014.
Simicska is a business magnate who earlier had a falling out with the prime minister.
The two managing directors confirmed that the transaction concluded with Magyar Broadcasting Co., a company of the government’s film industry commissioner, the producer Andy Vajna, had been completed and the company is the new owner of TV2 Media Csoport.
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