The battle for taking over the Telegraaf Media Group escalated on Sunday. Commissioners on the TMG supervisory board suspended the group's CEO Geert-Jan van der Snoek and CFO Leo Epskamp with immediate effect due to a breach of trust, they announced in a statement on Sunday evening, the Volkskrant reports.
The commissioners also announced a final agreement with a new, slightly higher bid made by Flemish Mediahuis and VP - the investment company of the Van Puijenbroek family.
