CME offering moves stage closer

March 13, 2014 07.48 Europe/London By Chris Dziadul

CMECME has fixed 17.00, New York Time on March 21 as the record date for determining shareholders entitled to participate in its upcoming announced rights offering.

As previously reported in Broadband TV News, it expects to raise around $400 million from the offering and Time Warner, its main shareholder.

CME has broadcast interests in six Central and East European markets.