In some cantons, more than 70% of voters rejected the ban, according to Geneva newspaper La Tribune de Geneve.
After all, critics point out, editors at La Tribune have repeatedly denounced Mr Arnault for attempting to interfere with its coverage.
Neither of the two most popular publications, Les Echos and La Tribune, appeared that day, after staff at both decided to strike.
Mr Arnault has lost patience with La Tribune, which has turned a profit in only two of the 13 years he has owned it.
Employees at La Tribune do not want Mr Arnault, who owns the paper, to sell it, for fear that they might lose their jobs.
"If this expanded version was launched, Air France-KLM could order a significant amount, " Spinetta was quoted as saying by the French business daily La Tribune.
France's La Tribune said that, if the talks are successful, GM and Peugeot could announce an alliance at the Geneva car show in the first week of March.
According to the French business newspaper La Tribune, the family is now sick of the speculation and the impact its been having on the share price, that they want to take it private.
La Tribune de Geneve suggests voters rejected a full ban because they did not want to force the smaller cantons into changing their local laws, and because of resentment at perceived state interference in people's lives.
First: Le Huffington Post will be a joint venture with The HuffingtonPost Media Group, Le Monde and the French entrepreneur Mathieu Pigasse (also a partner of Le Monde, owner of the French news magazine Les Inrockuptibles, and advisor to the Greek government, according to the editor-in-chief of the French business newspaper La Tribune, Jacques Rosselin).
FORBES: Arianna Huffington's Plan to Conquer France and the World
This comes after the news yesterday that the debt-laden newspaper company and owner of LA Times and Chicago Tribune had hired investment bank Lazard and the law firm Sidley Austin to try and help in this process.
He has also written for newspapers and magazines around the world such as The Guardian, The Times, The Daily Telegraph, International Herald Tribune, Prospect, El Mundo, La Repubblica, The National, Der Spiegel, Die Welt and Focus.
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