Aydin Dogan News
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As clouds of tear gas engulfed central Istanbul and anti-government demonstrators fought with police, billionaire Aydin Dogan’s news channel aired a documentary about penguins.
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Dogan Yayin Holding AS , Turkey’s biggest media group, is seeking bids for its newspaper unit Hurriyet Gazetecilik & Matbaacilik AS , said Soner Gedik, a company board member.
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Dogan Sirketler Grubu Holding AS, the owner of Turkey’s largest listed media group, jumped after Prime Minister Recep Tayyip Erdogan attended a public event with honorary chairman Aydin Dogan, suggesting relations with the government may be improving.
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Dogan Sirketler Grubu Holding AS, the owner of the media company that runs CNN Turk, said it plans acquisitions in Turkey and abroad to build business in energy, media and e-commerce.
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Dogan Yayin Holding AS , Turkey’s biggest media group, will sell the Milliyet and Vatan newspapers to Turkish businessmen Erdogan Demiroren and Ali Karacan, CNBC-e television reported.
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Turkey’s benchmark ISE National 100 Index gained for the fifth day, adding 178.9, or 0.3 percent, to 68,870.67 at the 5:30 p.m. close in Istanbul.
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Donald Trump, the U.S. real estate developer, opened a $400 million twin-tower complex in Istanbul and will partner Turkish owner and billionaire businessman Aydin Dogan in more real estate in the city.
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The tax debt of Turkish businessman Aydin Dogan’s media companies may be reduced to between 300 million liras ($197 million) and 400 million liras under a government restructuring plan, Star newspaper reported citing unidentified Finance Ministry officials.
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Turkish businessman Aydin Dogan wants $200 million for newspapers Milliyet, Vatan, Posta and Fanatik and is in talks with KKR & Co. LP and Texas Pacific Group about selling them, Star reported.
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As Nahit Kiler shows off an apartment on the 40th floor of his 54-story Istanbul Sapphire , the selling points include a sweeping view of the hills, minarets and waterways of this ancient city and, if one looks down, offices belonging to some of his business rivals.
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