Stock Market news at lse.co.uk - RSS News Feeds

Grupo Cl.s Share News (GCLA)



Share News for Grupo Cl.s (GCLA)


Share Price: 2.75Bid: 2.50Ask: 2.70Change: 0.00 (0.00%)No Movement on Grupo Cl.s
Spread: 0.20Spread as %: 8.00%Open: 2.75High: 2.999Low: 2.75Yesterday’s Close: 2.75




Grupo Clarin's AGEA appeals civil court damages decision

Tue, 6th May 2008 10:23

LONDON (Thomson Financial) - Grupo Clarin S.A. said its newspaper publishing unit Arte Grafico
Editorial Argentino (AGEA) has appealed against an Argentine civil court's decision, ordering AGEA to pay damages to Editorial Atlantida S.A. of about $8.9 million plus interest accrued from March 2, 1998 to the date of payment.

In February 2000, Editorial Atlantida filed a claim against AGEA, alleging plagiarism and unlawful competition with reference to AGEA's Genios magazine, requesting damages. Also, in April 2006, Editorial Atlantida brought criminal charges against several parties on the same grounds. All criminal charges were dismissed.

The company said in its appeal, AGEA will bring to bear the result of criminal proceedings and evidence gathered in the civil claim, which, in AGEA's opinion, support its arguments.

tfn.newsdesk@thomsonreuters.com

pvi/ypv/jlw

COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.


Related Shares: Grupo Clarin Sa (GCLA) 



1
Next GCLA Share News Page


Grupo Clarin buys 25 pct stakes in Argentinian groups for combined $2.5 mln

LONDON (Thomson Financial) - Grupo Clarin S.A. said it has agreed to buy further stakes of 25 percent each in Argentinian groups -- Pol-Ka Produ
[3 Sep '08]

Grupo Clarin says does not know reasons for recent share price movement

LONDON (Thomson Financial) - Grupo Clarin S.A. said it does not know of any 'relevant' reason for the recent movements in the price of its share
[22 Aug '08]

Grupo Clarin Q1 adjusted EBITDA up 25.8 pct

LONDON (Thomson Financial) - Argentinian media company Grupo Clarin S.A. posted increased adjusted EBITDA of 352.5 million Argentine pesos in th
[12 May '08]

Grupo Clarin's AGEA appeals civil court damages decision

LONDON (Thomson Financial) - Grupo Clarin S.A. said its newspaper publishing unit Arte Grafico Editorial Argentino (AGEA) has appealed against a
[6 May '08]

Grupo Clarin exercises option to buy remaining 50 pct of CIMECO for $61.576 mln

LONDON (Thomson Financial) - Grupo Clarin SA. said it has exercised an option to purchase the remaining 50 percent of newspaper publisher Compan
[4 Apr '08]

Grupo Clarin enters MERVAL index of Buenos Aires Stock Exchange

LONDON (Thomson Financial) - Grupo Clarin S.A. said it entered the MERVAL index of the Buenos Aires Stock Exchange yesterday. The MERVAL (Me
[2 Apr '08]

Grupo Clarin FY net income 209.6 mln pesos vs 869.7 mln; confident on outlook

LONDON (Thomson Financial) - Grupo Clarin SA posted a lower full year net income in its first annual results since becoming a publicly traded co
[10 Mar '08]

Grupo Clarin buys 51 pct in Carburando, Mundo Show for 9.5 mln usd

LONDON (Thomson Financial) - Grupo Clarin SA said it has bought 51 pct of Carburando SAPICAFI, Mundo Show SA and Mundo Show TV SA for about 9.50
[15 Jan '08]

1
Next GCLA Share News Page


Sign up for Live Prices





Datafeed and UK data supplied by NETbuilder and Interactive Data. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.