Bloomberg News

Argentina Cablevision Concerned About Confiscation, Nacion Says

October 19, 2012

Argentina’s Cablevision SA, the cable television company of Grupo Clarin SA, is concerned the government may seize its assets by year end, La Nacion reported, citing company President Carlos Moltini.

The government is urging Grupo Clarin to sell assets in order to meet limits imposed by a 2009 media bill before Dec. 7, the Buenos Aires-based newspaper said.

To contact the reporter on this story: Eliana Raszewski in Buenos Aires at eraszewski@bloomberg.net.

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net.


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