Malone to Take Control of DirecTV from Murdoch:NYTimes
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The New York Times reports this morning that a deal is imminent between Liberty Media chairman John Malone and News Corp. chairman and CEO Rupert Murdoch, in which Malone will acquire one of Murdoch's prize assets - satellite service provider DirecTV - in exchange for Malone's 19% voting stake, plus 15% non-voting stake, in News Corp.
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News Corporation (NCP) and The DIRECTV Group, Inc. today announced a number of transactions within the Latin America media market that will see DIRECTV Group paying $579 million in cash for the equity stakes in other News Corp controlled companies.
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Rupert Murdoch, consolidating his global media empire in the U.S., is expected to announce that he will buy out the shareholders of his Fox properties.
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News Corp. Chairman Rupert Murdoch on Tuesday said he can live with Liberty Media Corp. being a large shareholder of the media conglomerate if Liberty Chairman John Malone signs a pact preventing his company from raising its stake.
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News Corp. agreed to buy out John C. MaloneÂs stake in the company in exchange for a stake in DirecTV.
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Rupert Murdoch&#39;s News Corporation today took steps to head off a potential takeover by rival mogul John Malone with a &quot;poison pill&quot; plan to dilute the shareholdings of would-be predators.
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LIBERTY Media chairman John Malone, who has staked a claim to 17.2 per cent of News Corporation&#39;s voting shares, is expected to reveal his intentions this morning in his company&#39;s third-quarter conference call.
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News Corp. Chairman Rupert Murdoch on Tuesday said he can live with Liberty Media Corp. being a large shareholder of the media conglomerate if Liberty Chairman John Malone
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News Corp., the New York media giant, is talking with Liberty Media Corp. about an asset swap to get News Corp. out of the satellite TV business.  Specifically, Rupert Murdoch has been talking with Liberty's John Malone about swapping his 19.1 percent voting stake in News Corp.
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John Malone&#39;s Liberty Media Corp. will raise its stake in Rupert Murdoch&#39;s News Corp. to 18 percent, accelerating Malone&#39;s ambitions to gain more control of the media giant.
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Shares of DirecTV Group Inc. DTV.N   and EchoStar Communications Corp. DISH.O fell on Friday on   media and research reports that media tycoon Rupert Murdoch has   soured on the U.S. satellite television industry.
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NEW YORK  - Rupert Murdoch's News Corp. Ltd. will sell its stake in Sky Latin America to DirecTVGroup , another company which it controls, for $579million in order to consolidate operations of the two satellitebroadcasters, the companies said on Monday.
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The chairman of the News Corporation, Rupert Murdoch, may be telling investors and the media that his relationship with his counterpart at Liberty Media, John C. Malone, is friendly, as he did yesterday at an annual meeting.
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Liberty Media will regain ownership of  regional sports cable channels in Pittsburgh, Seattle and its  home market of Denver, in a deal expected to be announced this  week with News Corp., the Monday's Wall Street Journal said,  citing people close to the situation.
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If the satellite business is so great, why is Rupert Murdoch thinking of selling DirecTV and why is John Malone thinking of buying it?
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By Bloomberg, AP and Staff Reports  Liberty Media Corp. says swapping its stake in Rupert Murdoch's News Corp. for an operating asset like DirecTV would be "attractive" and bolster Liberty's ability to distribute media content such as TV shows and movies.
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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. in a nearly $5.9 billion stock deal.