ABS-CBN headquarters in Quezon City (Photo by Maria TAN / AFP)
MANILA, Philippines — ABS-CBN Corp. has denied reports it could hand management to the group of Manuel V. Pangilinan, saying no talks are underway.
In a statement issued on Monday, the broadcast company said reports suggesting it would turn over management to MediaQuest Holdings Inc. or TV5 Network Inc., both linked to Manuel V. Pangilinan, were “not accurate.”
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