Article: News Corporation Agrees To Acquire 34% Of Hughes Electronics For $6.6 Billion In Cash And Stock.

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

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