Medium Rush, Coral Corporate (patrimonial company of the Alemán family), the group Royal Credit and the entity Barrister Services have reached an agreement that puts an end to the existing controversy surrounding the Mexican broadcaster Radiopolis System.
By virtue of this agreement, the four entities agree to coexist as shareholders of the broadcaster and renew their commitment to grow the business, strengthening the network’s presence in the radio market Mexican.
With this step, Hurry reaffirms its investment commitment to Mexico and its presence in the field of radio, press and education, in a key market for the group’s strategy.
The settlement comes after years of litigation between Hurrywhich owns 50% of the shares of the Mexican radio group, and Coral Corporateowner of the other 50%, as a result of a change in those of the members of the Radiopolis Board of Directors and company address.