Leading media groups in race for Mid-Day

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Bennett, Coleman & Co, publishers of the Times of India, the K K Birla-owned
Hindustan Times, the Pune-based Sakaal group and another leading regional
newspaper company are understood to have bid for a majority stake in Mid-Day
Multimedia, the Mid-Day group's holding company for newspapers, radio
channels and outdoor media. The Mid-Day group today opened the bids it had
received for the equity. But sources close to the development said some of
the bids were complex, and sought not a majority stake but just some of the
businesses Mid-Day controlled.
Source:
http://www.business-standard.com/today/story.asp?Menu=2&story=29590