Mag Communications Company made a buyout bid to acquire the remaining 13.19% stake in Web Media Group AD Sofia (BUL:45W) for BGN 0.22 million on May 22, 2013. Mag Communications offered to pay BGN 1.2 per share. MAG Communications already holds 1.23 million Web Media shares.

Mag Communications Company cancelled the acquisition of the remaining 13.19% stake in Web Media Group AD Sofia (BUL:45W) on May 22, 2014.