|
|
Article: News Corporation & Hachette Group announce agreement.
- Article from:
- PR Newswire
- Article date:
- February 16, 1989
CopyrightCOPYRIGHT 1989 PR Newswire Association LLC. 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)
|
NEWS CORPORATION & HACHETTE GROUP ANNOUNCE AGREEMENT
NEW YORK, Feb. 16 /PRNewswire/ -- Rupert Murdoch, chief executive officer of The News Corporation Limited (NYSE: NWS) and Daniel Filipacchi, vice chairman of the Hachette Group announced today that News America Publishing Incorporated, a subsidiary of News Corporation, has agreed to acquire the interest of Hachette Publications, Inc., the American magazine publishing company of The Hachette Group, in the News America-Hachette joint venture which publishes Premiere magazine in the United States. Upon completion of the purchase, following obtaining of approvals under the Hart-Scott-Rodino Anti-Trust ...