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Asaf Rappaport and Yinon Kostika Solely Fund Channel 13 Purchase After Other Investors Withdraw

How 2 Israeli newsrooms covered this story — translated into English and compared side by side.

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First reported by Calcalist · 5 hours ago

What happened

Asaf Rappaport and Yinon Kostika will solely finance the $120 million purchase of Israel's Channel 13 after other investors withdrew. The deal is under regulatory review amid government challenges to the Second Authority Council's legitimacy.

01Asaf Rappaport and Yinon Kostika are the only investors funding Channel 13's acquisition.
02Other tech investors initially involved did not transfer funds to the purchasing entity Merit.
03The $120 million deal will be financed solely by Rappaport and Kostika over three years.
04The Second Authority Council is reviewing the transaction and funding sources.
05A government decision refuses to recognize the council's actions without legal compliance, risking a constitutional crisis.
06The Supreme Court reinstated the council despite its membership falling below the legal minimum.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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