ABS-CBN Corporation (“ABS-CBN”) and TV5 Network, Inc. (“TV5”), today announced the execution of an Investment Agreement that will allow ABS-CBN to acquire 6,459,393 primary (new) common shares in TV5 representing 34.99% of the total voting and outstanding capital stock of  TV5 for an aggregate subscription price of Php2.16Bn.   After the consummation of this subscription, the … Continue reading Just In: ABS-CBN and TV5 join forces, sign partnership deal