[Reuters] Telecom Italia shareholders reject $1 billion Telefonica offer: press

Posted by: UGN Security

[Reuters] Telecom Italia shareholders reject $1 billion Telefonica offer: press - 09/17/13 02:39 AM

MILAN (Reuters) - Core Italian shareholders in Telecom Italia this month rejected an 800 million euro ($1 billion) offer from Spain's Telefonica to buy part of their stakes, Italian business newspaper Il Sole 24 Ore said on Tuesday.