A group of investors led by Argentine businessmen Gerald Vertain, Honorary President of the Argentine Olympic Committee, ი Gabriel Hochbaum, The director of Grupo América has gained control of the shares of the Uruguayan newspaper Observer. As this media reported today, the decision was officially made on May 5th.

From the new changes, Paul Tarantino Will be the president of the Uruguayan group. In addition, Ricardo Peirano will become the journalistic director at this new stage. According to the same media, Observer Will continue to “enjoy the talent, honesty and professionalism of today’s journalistic staff.”

An official statement has been issued regarding the arrival of Argentine businessmen “The new shareholders are ready to invest heavily in digital innovation and the generation of journalistic content to become the leading Spanish-language digital media outlet.

The businessmen claimed that “Uruguay and the rest of the region have a huge commitment to freedom of expression and access to information.”

As published ᲔᲠᲘ In July 2021, an investment group led by businessmen José Luis Manzano and Daniel Villa has already expressed interest in acquiring a stake. Observer, One of the largest circulation newspapers in Uruguay. Negotiations were led by Hochbaum, the group manager who owns Villa, Manzano and Claudio Bellocopit.

Last year, the operator, who knows the characters, said: “Today, for a regional business strategy, the existence of such a newspaper, which has an ideological coincidence with the Uruguayan government, is very valuable,” he added. “The American group is not here as in El Cronista, it is a group of partners.”

After consulting in this way in 2021, Villa denied his connection to the operation. Although Belocopit also denied the opportunity to participate. “They offered me, but I have too many problems in Argentina to get involved.”He pointed out.