News Corp. Offers to Buy Rest of Fox Stock

fudge stripe cookays

(1000+ posts) Send PM | Profile | Ignore

Mon Jan-10-05 11:53 AM
Original message

News Corp. Offers to Buy Rest of Fox Stock

NEW YORK - Rupert Murdoch's News Corp., moving to regain full control of its majority owned Fox television properties, is offering to buy the remaining publicly held shares of Fox Entertainment Group Inc. for stock valued at about $5.9 billion.
The exchange offer announced Monday would solidify Murdoch's control over the Fox assets which include the Fox broadcast network as well as Fox news and sports channels, the Twentieth Century Fox movie studio and a controlling interest in satellite television giant DirecTV.

More here....
http://kevxml2a.verizon.net/_1_E4UTO103B5K789__vzn.isp/apnws/story.htm?kcfg=apart&sin=D87HAOMG0&qcat=finance&ran=12598&passqi=&feed=ap&top=1

Oh boy. Aren't WE excited? :eyes:

Printer Friendly | Permalink | | Top

tridim

(1000+ posts) Send PM | Profile | Ignore

Mon Jan-10-05 11:58 AM
Response to Original message

1. I'm sure the Simpsons writers are looking forward to answering to Murdoch

Printer Friendly | Permalink | | Top

Moderator

(1000+ posts) Send PM | Profile | Ignore

Mon Jan-10-05 11:59 AM
Response to Original message

2. duplicate topic, please discuss here

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x1136926

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Sat Jan 04th 2025, 07:41 PM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.