Citing two sources close to negotiations on the sale, Puls Biznesu reports that ITI has received two binding offers and the one by Scripps, at over PLN20 (€5.3) a share, is the highest.
Scripps has also submitted many ideas about how to grow TVN and its current owners are encouraged by the fact the company, which does not have a presence in the Polish market, will therefore have no need to implement mass redundancies.
The 51% stake in TVN, owned by ITI and Canal+, has already attracted interest from – amongst others – Time Warner, Discovery and 21st Century Fox.
However, last month Bauer Media Group emerged as a favourite.
A deal was expected by the end of last month but has yet to materialise.