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Italy’s Serie A accepts 1.7 billion euro bid for media unit stake

ROME (Reuters) – Italy’s Serie A on Thursday agreed to sell a stake in its media business to a private equity consortium for 1.7 billion euros ($2 billion) as the top-flight soccer league seeks to prop up revenues hit by the COVID-19 pandemic.

At a meeting in Rome, the league’s 20 clubs unanimously accepted…

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