UPDATE 1-Italy's RCS Mediagroup presses ahead with restructuring plan

The board of Italy's loss-making RCS MediaGroup approved on Sunday the broad terms of a capital increase and a debt refinancing plan needed for its turnaround plan.

http://www.reuters.com/article/2013/04/14/rcs-mediagroup-idUSL5N0D10TJ20130414?feedType=RSS&feedName=financialsSector