Family feud at Italy’s la Repubblica as founder seeks to take control from sons
A feud at one of Italy’s most powerful dynasties broke out over the weekend after media tycoon Carlo De Benedetti accused his sons of mismanaging the newspaper business he founded and sought to regain control.
The 84-year-old founder came out of retirement on Sunday and made a €38 million ($42 million) offer to buy a 30% stake in GEDI Gruppo Editoriale SpA, the owner of daily newspapers la Repubblica and La Stampa.