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Discovery To Acquire Takhayal

Nov 27, 2012, 4:18 PM
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food, m&a, tv

Discovery Communications has an agreement to acquire Dubai-based media company Takhayal Entertainment and its affiliated companies in Dubai and Egypt, including its flagship TV network, Fatafeat, a major food network in the Middle East. Fatafeat broadcasts to approximately 55 million TV households in the Middle East and North Africa and the in-house studio contains a library of 700 hours of programs.

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