Murdoch: No Rush on Liberty.(The News Corporation Ltd., Liberty Media Corp.)
Multichannel News, October, 2006 by Farrell, Mike
By Mike Farrell New York-- News Corp. chairman Rupert Murdoch appeared to thumb his nose at reports that the media giant was close to a deal to buy back the 19% voting stake in the company from Liberty Media, adding that with its new "poison pill" in hand, it is in no hurry to do a Liberty deal.
Earlier this month, Liberty Media CEO Greg Maffei said at an industry conference that a News Corp. deal was close and that Liberty was working toward a transaction that would exchange its 19% voting stake -- valued at about $10 billion -- and cash for News Corp.'s 38% controlling interest in direct broadcast satellite giant DirecTV Group. But Murdoch, speaking at News Corp.'s annual shareholders meeting here last Friday, seemed to downplay the urgency...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
