RCS Mediagroup believes Blackstone paid too little for properties - source

MILAN (Reuters) - RCS Mediagroup contested the sale of real estate assets to Blackstone because it believes the U.S. private equity fund paid too little for them in 2013, a source at the Italian media group said on Wednesday. The Italian publisher said late on Tuesday that it had launched arbitration proceedings under Italian law last week to annul the sale of the properties in central Milan that it had sold to Blackstone. It gave no further details in its statement.RCS, the owner of..