RTL Group said today the interests of shareholders remained its key focus, as it responded to German media firm Bertelsmann's decision to withdraw an offer to take over the whole company.
The offer to buy the rest of the company came when Bertelsmann took over the 22% stake Pearson owned in RTL at the end of last year.
It's thought the offer was withdrawn because some RTL shareholders believed it was inadequate.
An RTL statement said: "The board of RTL will continue to manage the company for the benefit of all the shareholders, and is looking forward to strengthening further its leading positions in television broadcasting, radio and production."
Bertelsmann said it had withdrawn an offer of 44 euros per share to buy out the rest of RTL that it does not already own.
The company presently owns about 90% of RTL.
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