Divac backs out of Novosti bidding
Former basketball star Vlade Divac said that he will not try to buy stocks in the Novosti company.
Thursday, 20.07.2006.
15:25
Divac backs out of Novosti bidding
He thanked the shareholders of the company for their cooperation and trust through these tribulations, this uncertainty, pressure and the allegations that some of the employees had to endure from the company’s administration.Divac founded his own company at the beginning of this year with the intentions of becoming the majority share holder of Novosti, and had announced that it would “promote the development of a powerful local brand, through independent and objective editing politics.”
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