Gup­tas’ me­dia bid re­buffed

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fi­nance the In­de­pen­dent buy­out. They never did, he said.

Ac­cord­ing to doc­u­ments be­fore the court: “Oak­bay duly ex­er­cised the op­tion in writ­ing on Au­gust 23 2013.”

But Survé kicked back, telling Bloomberg the fol­low­ing month that he had “re­buffed an ap­proach by the Gupta fam­ily”.

From there, amaBhun­gane un­der­stands, the Gup­taSurvé dis­pute was ar­gued in a se­cret ar­bi­tra­tion,

CLINGING ON Iqbal Survé of In­de­pen­dent News­pa­pers

ILL-IN­FORMED? Daniel Matjila of the PIC

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