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Article: News Corp, Liberty Media, DirecTV negotiations 'in advanced stages'.(Brief article)
- Article from:
- The Online Reporter
- Article date:
- November 18, 2006
CopyrightCOPYRIGHT 2006 Rider Research, Inc. 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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News Corp chairman and CEO Rupert Murdoch said Tuesday night that progress in the negotiations between News Corp and John Malone's Liberty Media to acquire News Corp's 39% share in DirecTV in exchange for Liberty Media's 19% share in News Corp "are in advanced stages and that the transaction would be a practically cashless asset swap," according to a major Wall Street firm. News Corp would swap its 39% stake in DirecTV worth approximately $10.3 billion plus other assets for Liberty Media's approximately ...
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Article: Boost for News Corp as Liberty Media ...
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... ... yesterday when Liberty Media Group took an 8 ... which is now News Corp's second largest ... Times and the Sun. News Corp's share rating ... million-worth of News Corp shares received ... future prospects." Liberty Media, has been described ...
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