WARSAW--News Corp. is believed to be trying to acquire 33% of Polish TV channel Polsat as part of its recent attempt to raise its presence in Poland. Last November, the company purchased outdoor company Town & City from Innova Capital, which manages venture capital firm Poland Partners. PolandPartners had an 80% stake in Town & City. News Corp. and Polsat officials declined to comment on the possible sale.
Copyright July 2000, Crain Communications Inc.