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Article: Thai Gives Up Newspaper Takeover Attempt
- Article from:
- AP Online
- Article date:
- September 16, 2005
- Author:
CopyrightThis material is published under license from the Associated Press. All inquiries regarding rights should be directed to the Associated Press. (Hide copyright information)
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RATTAPHOL ONSANIT
AP Online
09-16-2005
Dateline: BANGKOK, Thailand
Chief Operating Officer of GMM Grammy, Sumeth Damrongchaitham, left, shakes hand with Thakoon Boonpan, editorial chief of Khao Sod newspaper, Friday, Sept. 16, 2005. The Grammy entertainment group sought to take over the publisher of Khao Sod and its sister newspaper Matichon earlier this week, buying the major stake in the company, but agreed Friday to cut its holding to 20 percent after journalists and other critics complained that the acquisition threatened freedom of the press because the Grammy group is close to Thai Prime Minister Thaksin Shinawatra. (AP Photo/Sakchai Lalit)
A business tycoon close to Thailand's prime ...