Poland/Springer

Bloomberg:

"Since taking charge at Springer in 2002, Chief Executive Officer Mathias Doepfner, 42, a former journalist, has beaten established competitors in new markets. The company's Fakt tabloid became Poland's most-read newspaper two months after its October 2003 debut. Doepfner more than doubled Springer's profit in the past two years to 142.9 million euros by cutting jobs and selling such units as book publisher Ullstein Heyne List."

" ' Poland shows that Springer has a very fine feeling for what readers and advertising customers want,' says Tom Shrager, a managing director at New York-based fund manager Tweedy, Browne Co., which owns 7 percent of Springer. ' Regardless of what issue he tackles, Mathias is one of those people who always wants to win.' Shrager says Tweedy Browne would support an offer for ProSiebenSat.1 if the price was right."

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