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epalisticia

[UPDATED] Acquisition of El Universal to be challenged in Panama Alek Boyd Thu, 09/18/2014 - 10:29

Let me start with the basics: El Universal, one of Venezuela's oldest newspapers, was sold recently to a Spanish company called Epalisticia.

Epalisiticia, a €3,500 shell registered in July 2013, has one shareholder: Tecnobreaks Inc.

[UPDATED] Spain's €3,500 Epalisticia buys El Universal for €90 million

Insistent rumours had been making the rounds for some time about the alleged sale of El Universal, Venezuela's oldest and last standing independent newspaper. The sale, for an alleged €90 million, was confirmed this week. The new director is meant to be Jesús Abreu Anselmi, an obscure individual with a rather interesting past link to Gustavo Gomez Lopez's Banco Latino and, more recently, to turncoat -and former Gomez Lopez partner- Gustavo Cisneros.