Thomson to Sell Media Group for &#36;350 Mln
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Thomson Corp.  said on Friday it will sell its media division to investment group Investcorp in a &#36;350 million cash deal that will tighten its focus on electronic publishing.
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The takeover of British media giant Reuters by Canadian rival Thomson Corp will conclude in the second quarter of the year, the pair said in a statement on Monday.
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Paris-based Thomson (www.thomson.net) enters into a partnership with current investors Microsoft Corp. (www.microsoft.com) and Time Warner Inc.
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Cable and Wireless, the British telecoms group, said it had agreed to sell its Japanese unit to Internet service provider Softbank Corp for about 133 million dollars (104 million euros) including debt.
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Time Warner Inc.'s New Line Cinema  unit is expected to announce on Wednesday a $350 million  film-financing deal with the Royal Bank of Scotland Group Plc,  The Wall Street Journal reported.
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Canadian electronic publisher  Thomson Corp  won conditional permission from antitrust  regulators at the U.S. Justice Department on Tuesday to buy  Reuters Group Plc , a deal that will create the world's  leading provider of news and data for professional markets.
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Britain&#39;s largest cable company, NTL, is to sell its network of communication masts and towers in a deal worth almost Â£1.3bn, it was announced today.
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Africa's largest media firm, Naspers Ltd , said on Tuesday it would buy UK Internet auction firm Tradus  for 946 million pounds ($1.90 billion) to extend its reach into central and eastern Europe.
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Africa's largest media firm  Naspers Ltd (NPNJn.J) will buy British-based Internet auction  company Tradus (QXL Ricardo Plc)  for 946 million  pounds ($1.90 billion), the company said on Tuesday.
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Canada's largest cable company, Rogers Communications Inc., said Monday it will pay &#36;1.33 billion for the 34 percent stake in Rogers Wireless Communications Inc. owned by longtime American partner AT&amp;T Wireless Services Inc.
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Viacom Inc.  agreed to sell its Famous Music publishing business to Sony/ATV Music Publishing for about $370 million, the Wall Street Journal reported on its Web site on Wednesday.
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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. for stock valued at about &#36;5.9 billion.
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Viacom Inc.  agreed to sell its  Famous Music publishing business to Sony/ATV Music Publishing  for about $370 million, the Wall Street Journal reported on its  Web site on Wednesday.
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Africa's top media group, Naspers Ltd , said on Tuesday it would buy UK Internet auction firm Tradus  for 946 million pounds ($1.90 billion) to extend its reach into central and eastern Europe.
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French technology firm Thomson (TMS.PA: Quote, Profile, Research) on Monday said it would join Microsoft Corp. and Time Warner Inc.
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Buyout specialist Wasserstein &amp; Co. said Thursday it would sell ALM, a media company that publishes titles for legal and business professionals such as The American Lawyer, to Incisive Media for $630 million.
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The Scottish Media Group will sell of two of its advertising businesses following a 100-day business review.