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civil.ge/en - 8 month ago

Kezerashvili to Give up Remaining 26% of his Formula TV Shares

Davit Kezerashvili, the co-owner of the opposition TV channel Formula is transferring 26% of the shares in the company to Zurab Gumbaridze, the channel s general director for a symbolic price of 1 GEL. Gumbaridze is also the owner of 12.25% of the shares in TV Formula. On 7 February, Zurab Gumbaridze applied to the Public


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