On March 27, 2024, ProSiebensat.1 Media SE announced that it has rejected the bid put forwarded by the MFE-MediaForEurope to split up the Company, and the Company called on its shareholders to vote down its investors' proposals at the annual general meeting of shareholders scheduled to be held on April 30, 2024. In addition, the Company stated that in the opinion of the executive board and the supervisory board, a split-up lies in the unique interest of MFE, but not in the best interests of all other shareholders, the split would result in a significant increase in the financial leverage of the Company, and thus make strategic acquisitions just as impossible as a customary dividend policy.