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Article: News Corporation Successfully Completes Exchange Offer for Fox.
- Article from:
- Business Wire
- Article date:
- March 21, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- News Corporation (NYSE: NWS, NWS.A; ASX: NWS, NWSLV) announced today that it has successfully completed its previously announced exchange offer for Fox Entertainment Group, Inc.'s Class A common stock (NYSE: FOX) that News Corporation did not already own.
The exchange agent for the offer has advised News Corporation that a total of 414,889,385 shares of Fox Class A common stock have been tendered in the exchange offer (including 5,252,826 shares subject to guarantees of delivery), which expired at 12:00 Midnight, New York City time, on March 18, 2005, and that all such shares have been accepted for exchange. After giving effect to the acquisition of ...