Manny Pangilinan on GMA Network for Php 60 billion- "Too Expensive"

According to the report from AKTV, Manuel V. Pangilinan described the P60 billion price tag sought for rival GMA Network Inc.

"Sobrang mahal yun," Pangilinan said when asked if his group would shell out double GMA Network's market value for full ownership of the broadcast company.

Manny Pangilinan or very well-known as MVP chairs Philippine Long Distance Telephone Co., whose unit MediaQuest Holdings owns TV5. InterAksyon.com is the online news portal of TV5.

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