GMA Network cancels IPO until "issues" are resolved.(Asia's television industry is talking about ...)(initial public offerings)(Brief Article)

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GMA Network has "indefinitely postponed" this year's planned IPO until "certain issues" between the majority and minority shareholders are satisfactorily resolved, the Manila-based network says. GMA adds that it will "try to work out a solution that will be in the best interest of the company".

A company statement said "the majority owners of the network wanted to give the public the chance to become ...

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