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Article: NEWS CORP & LIBERTY MEDIA DUMP PLANS FOR JOINT HUGHES BID.
- Article from:
- AsiaPulse News
- Article date:
- February 26, 2003
CopyrightCOPYRIGHT 2003 Asia Pulse Pty Ltd. 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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SYDNEY, Feb 26 Asia Pulse - News Corp (ASX:NCP) and Liberty Media have reportedly dumped plans of a joint bid for General Motors Corp's 30 per cent stake in Hughes Electronics.
Both News Corp and Liberty were now looking into independent offers, with both companies commencing due diligence on Hughes, overseas news wires said today.
Quoting the Wall Street ...