News Corp. Offers to Buy Rest of Fox Stock

fudge stripe cookays

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Mon Jan-10-05 11:53 AM
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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:

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tridim

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Mon Jan-10-05 11:58 AM
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1. I'm sure the Simpsons writers are looking forward to answering to Murdoch

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Moderator

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Mon Jan-10-05 11:59 AM
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2. duplicate topic, please discuss here

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

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DU AdBot (1000+ posts)

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