Brussels, 02/07/2009 (Agence Europe) - On Thursday 2 July, the European Commission opened a formal investigation on the restructuring aid package of TV 2 Danmark A/S. The Commission will investigate whether the aid complies with the EU rules on state aid to companies in difficulty, and, in particular, whether TV 2 Danmark A/S is viable without continued state support and whether the restructuring plan contains enough safeguards commensurate with the state support.
TV2 Danmark A/S is wholly...