Acquisition of GMA Network Terminated

The major shareholders of GMA Network, Inc. (GMA) and MediaQuest Holdings, Inc. (Mediaquest) are announcing the termination of recent discussions with respect to a possible acquisition of a controlling interest in GMA by Mediaquest and its affiliate within the PLDT Group. The parties have been unable to arrive at mutually acceptable terms despite the continual discussions and efforts exerted in good faith. - https://www.affordablecebu.com/