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                    [Title] => ‘Tonyboy’ makes P500-M downpayment for ABC-5
                    [Summary] => All signs are go for the acquisition by a group led by businessman Antonio ‘Tonyboy’ Cojuangco of Associated Broadcasting Co. (ABC-5) after the group already made the P500-million downpayment, roughly 12 percent of the total acquisition cost of P4 billion.


The STAR earlier reported that ABC-5 owner Edward Tan had agreed to sell to Cojuangco the broadcast network for P4 billion. Estimates show that the network has an enterprise value of P2 billion, with some P1.2 billion in debt and P800 million in land assets.


                    [DatePublished] => 2003-07-10 00:00:00
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                    [ArticleID] => 211519
                    [Title] => ‘Tonyboy’ to acquire ABC-5 for P4 billion
                    [Summary] => Associated Broadcasting Co. (ABC-5) owner Edward Tan has agreed to sell the entire ownership of his television network to a group led by businessman Antonio "Tonyboy" Cojuangco for P4 billion.
                    [DatePublished] => 2003-06-27 00:00:00
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‘Tonyboy’ makes P500-M downpayment for ABC-5

July 10, 2003 - 12:00am

All signs are go for the acquisition by a group led by businessman Antonio ‘Tonyboy’ Cojuangco of Associated Broadcasting Co. (ABC-5) after the group already made the P500-million downpayment, roughly 12...

Business

‘Tonyboy’ to acquire ABC-5 for P4 billion

June 27, 2003 - 12:00am

Associated Broadcasting Co. (ABC-5) owner Edward Tan has agreed to sell the entire ownership of his television network to a group led by businessman Antonio "Tonyboy" Cojuangco for P4 billion.

Business