RCS Mediagroup believes Blackstone paid too little for properties - source

RCS Mediagroupcontested the sale of real estate assets to Blackstonebecause 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.RCS, the owner of influential daily Corriere della Sera, believes Blackstone paid too little fo