{"id":25067,"date":"2011-10-03T01:17:12","date_gmt":"2011-10-03T05:17:12","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=25067"},"modified":"2011-10-03T01:17:12","modified_gmt":"2011-10-03T05:17:12","slug":"endemol-owners-to-lose-control-to-hedge-funds-times-reports","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2011\/endemol-owners-to-lose-control-to-hedge-funds-times-reports.html","title":{"rendered":"Endemol Owners to Lose Control to Hedge Funds, Times Reports"},"content":{"rendered":"<p>Bloomberg &#8211; Owners of Endemol NV, the Dutch producer of the \u201cBig Brother\u201d TV shows, will lose control of the company in a restructuring that will reduce debt from 2.2 billion euros ($2.9 billion) to 500 million euros, the Sunday Times reported.<\/p>\n<p>Shareholders such as Italian Prime Minister Silvio Berlusconi\u2019s Mediaset SpA, Goldman Sachs Group Inc. and Cyrte Fund II BV, will have their stakes diluted when hedge funds holding the company\u2019s debt swap it for equity, the newspaper reported. Goldman Sachs may lose as much as 500 million euros on the deal, according to the Sunday Times.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/news\/2011-10-02\/endemol-owners-to-lose-control-to-hedge-funds-times-reports.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Owners of Endemol NV, the Dutch producer of the \u201cBig Brother\u201d TV shows, will lose control of the company in a restructuring that will reduce debt from 2.2 billion euros ($2.9 billion) to 500 million euros, the Sunday [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-25067","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=25067"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25067\/revisions"}],"predecessor-version":[{"id":25068,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25067\/revisions\/25068"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=25067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=25067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=25067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}