Ronald Lauder looks to increase his stake in Israel's Channel 10 to 45%
TV station seeks to restructure ownership following 11th hour reprieve in December 2012. Yossi Maimon willing to cede control.
After narrowly avoiding closure at the end of 2012, Channel 10's shareholders are now beginning to restructure the station's ownership. Cosmetics empire heir Ronald Lauder, who currently has a 25% ownership stake in the station, is seeking to dilute the other shareholders' stake and increase his interest to 45%. Contacts on the restructuring effort have already begun.