GMA7-TV5 possible merger

The merger of GMA7 and TV5 is not impossible. Recent reports shows that Business Tycoon Manuel V. Panngilinan (MVP) is seriously negotiating with the major stockholders of media giant GMA Network for acquisition.

If the deal pushes through, GMA7 and TV5 can merge and can exchange and share talents and platforms together which will result in a virtual duopoly. MVP will have a control of more than 50% of the total televiewers nationwide.

The Congress and the National Telecommunications Commission (NTC) will still have to decide wether this deal will be legal and not against the constitution. 

PLDT's MVP in talks with GMA-7 Acquisition

Business Tycoon Manuel V. Pangilinan is reportedly in talks with the major stockholders of media giant GMA Network into a deal of acquisition. MVP would like to acquire a controlling stake of the network. The Acquisition cost will still likely be negotiated. GMA Network's current market value is priced at P 30 billion. MVP reportedly is willing to acquire 80% controlling stake of the network for a price range between P 55 billion to P60 billion. In 2001, MVP first offered to acquire GMA Network but it did not transpired. In 2010, MVP Acquired majority controlling stake of Associated Broadcsting Company now known as TV5.