News Corp and Liberty close to stake deal: report
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News Corp. and its second-biggest shareholder, Liberty Media Corp. are close to a deal that will solidify News Corp. Chairman Rupert Murdoch's control of his company, the Wall Street Journal reported on Thursday, citing people close to the situation.
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MEDIA giant News Corp and its secondbiggest shareholder, Liberty Media, are reportedly close to a share swap deal that would shore up Rupert Murdoch's control of his company.
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Dow Jones & Co. Inc.  and  Rupert Murdoch&#39;s News Corp. (NWSa.N) are close to a pact that  would protect the journalistic independence of The Wall Street  Journal if News Corp. acquired the media company, according to  newspaper reports on Sunday.
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By Bloomberg, AP and Staff Reports  Media mogul Rupert Murdoch said Tuesday that talks are heating up with Liberty Media Corp. over how to unwind Liberty's stake in News Corp.   "We are in more active negotiations than before," the News Corp.
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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., 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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NEW YORK -- Rupert Murdoch's News Corp. has reached a tentative agreement to buy Wall Street Journal publisher Dow Jones & Co., the Journal reported on its Web site late Monday.
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The family that controls Dow Jones &  Co. said on Thursday that it plans to meet with Rupert  Murdoch&#39;s News Corp. to discuss his $5 billion bid to buy the  company, The Wall Street Journal reported on Thursday.
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Rupert Murdoch's News Corp.  has not yet reached an agreement to buy Dow Jones & Co. Inc., the company and its controlling Bancroft family said on Friday, countering a media report the two sides had completed their talks.
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The family that controls Dow Jones &  Co.  said it will meet with News Corp. (NWSa.N) to  discuss its $5 billion bid for the company, bringing the  publisher of The Wall Street Journal a step closer to a sale.
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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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The family that controls Dow Jones & Co expects to decide by early next week if it wants to sell the company to Rupert Murdoch's News Corp for $5 billion, a source familiar with the matter said on Tuesday.
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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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Dow Jones & Co.&#39;s board and Rupert  Murdoch&#39;s News Corp. have completed talks on a $5 billion  buyout of Dow Jones and are expected to announce a deal next  week, London&#39;s The Business weekly magazine reported on Friday.
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Rupert Murdoch's News Corp. and advisers for Dow Jones and its controlling Bancroft family were close last night to agreeing on terms designed to ensure The Wall Street Journal's editorial independence if the company accepts a takeover bid from Murdoch, according to several people briefed on the talks.
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News Corp. (NWSa.N) is willing to go  further than it has before in acceding to tighter safeguards of  editorial independence as a condition of buying Dow Jones & Co.  Inc. , The Wall Street Journal reported on Sunday, citing  sources close to News Corp.
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Liberty Media says it has no "hostile intentions" towards Rupert Murdoch's News Corp despite seeking to increase its stake in the media giant.