SEIF board rejects LMDV Media's request for due diligence

The board of Società Editoriale Il Fatto rejected a takeover bid from LMVD Media, owned by Leonardo Maria Del Vecchio. They stated the offer was unsolicited and not agreed upon. Founding shareholders expressed their intention to retain control, refusing to sell their 52% stake. Del Vecchio, a wealthy media owner, already has significant holdings in other newspapers.