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Article: News Corporation Agrees To Acquire 34% Of Hughes Electronics For $6.6 Billion In Cash And Stock.
- Article from:
- Business Wire
- Article date:
- April 9, 2003
CopyrightCOPYRIGHT 2003 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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Business Editors
NEW YORK--(BUSINESS WIRE)--April 9, 2003
News Corporation (NYSE: NWS, NWS.A)
Buys GM's 19.9% Interest in Hughes And A Further 14.1% From Other
Hughes Shareholders For $14 A Share
Hughes Stake To Be Held By Fox Entertainment Group, Creating Premier
US Content and Distribution Company