There is a news that the Philippine Star is going to sell its 80% to PLDT (MVP Group of Companies). "The reason is the technological advancement," says the Phil. Star CEO. He also thinks that MVP can manage the newspaper business as his company is technology based such as communication and internet. Both companies are now discussing their plans and ideas regarding the acquisition by PLDT. However, there is still no final closure regarding about this business deal between Phil Star and PLDT.
Questions:
How much do you think will Phil Star sell its share to PLDT?
Does Phil Star want to get more protection from the giant PLDT?
Do you think Phil Star CEO no longer see any opportunities for them to expand which is why they want to sell their controlling shares?
Is it just right time for Phil Star to be early in its decision before the extinction of Newspaper industries?
What do you think will PLDT respond for this deal?
Why does Belmonte's wants to retain the 20% ownership?
Do you think that Phil Star will lose its business in the future?
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