Advanced Television

German watchdog to probe Premiere

April 14, 2009

German financial watchdog Bafin has launched a probe into possible insider trading and market manipulation involving shares in German pay-TV broadcaster Premiere.

The investigation focuses on trades that may be related to a correction of Premiere subscriber numbers last year, a Bafin spokeswoman said. Premiere also confirmed that the probe was under way but declined further comment while the investigation goes on.

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