Businessman Offers to Buy Italian Newspaper, Owners Say No
Listen to the story
Leonardo Maria Del Vecchio wants to buy an Italian newspaper. The newspaper is called Il Fatto Quotidiano. He made an offer to buy it. This is called a takeover bid.
The people who own the newspaper said no. They are called the founders. They started the newspaper many years ago. They do not want to sell it.
The founders said they are 'not interested' in the offer. This means they want to keep the newspaper for themselves.
A journalist named Travaglio works at the newspaper. He is important there. Another person, Lucarelli, is also part of the story.
The New York Times wrote about this story first. This is called a scoop. A scoop means news that one newspaper reports before others.
Vocabulary15 words
- offer
- when you say you want to pay money for something
- takeover bid
- a plan to buy a company
- founders
- people who started something, like a company
- New York Times
- a famous newspaper from the United States
- scoop
- important news that one newspaper reports first
- shareholders
- people who own part of a company
- newspaper
- paper with news that comes out every day
- journalist
- a person who writes news stories
- owner
- a person who has something and controls it
- company
- a business that makes or sells things
- businessman
- a man who runs or owns businesses
- reject
- to say no to something
- role
- the job or part someone has
- buy
- to give money to get something
- sell
- to give something for money
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Quiz
Answer key
1. Buy a newspaper 2. They said no 3. The New York Times
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Leonardo Maria Del Vecchio wants to buy an Italian _____. The newspaper is called Il Fatto Quotidiano. He made an _____ to buy it. This is called a _____ bid.
The people who own the newspaper said no. They are called the _____. They started the newspaper many years ago. They do not want to _____ it.
The founders said they are 'not interested' in the _____. This means they want to keep the newspaper for themselves.
A _____ named Travaglio works at the newspaper. He is important there. Another person, Lucarelli, is also part of the story.
The New York Times wrote about this story first. This is called a _____. A scoop means news that one newspaper reports before others.
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