Prisa, Garafulic intensify battle to win media & communications companies.

South American Business Information,  July, 2003  

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Bolivia, Jul 17, 2003 (La Razon/SABI via COMTEX)

A legal auction started to take place in Madrid, Spain, involving 829,324 shares of Inversiones Grupo Multimedia de Comunicaciones and 1,728,769 shares of Inversiones en Radiofusion, both companies owned by Atlantis Investments Group, created in 2002 and 50/50 controlled by the Bolivian investor Raul Garafulic associated with Prisa group (Spain). These shares were given as guarantee for a US$11mil loan granted by Banco Sabadell to Garafulic and Prisa (Spain) group. Since Garafulic misses the payment of its part while Prisa paid ...

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