Zygmunt Solorz-Zak, the owner of the Polish national commercial broadcaster Polsat, has said that negotiations with Axel Springer are still ongoing. Quoted in the local media, he added that they were not related to the amount of money the German company was willing to pay for a 25.1% in Polsat. Axel Springer had a bid of €250 million, plus an additional €50 million by the end of 2008, accepted late last year, though the deal was subsequently put on hold by the competition office (UOKiK). Some unofficial sources say Solorz-Zak would like to see Axel Springer pay an additional €90 million. The initial agreement between the two parties has to be finalised by the end of the year.
