News Corp to sell 8 U.S. TV stations for $1.1 bln
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Rupert Murdoch's News Corp (NWSa.N)  will sell eight U.S. television stations to private equity firm  Oak Hill Partners for about $1.1 billion.
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Rupert Murdoch's News Corp. on Monday  said it would to buy out the shareholders of its unit Fox  Entertainment Group Inc. in an exchange offer valued at roughly  $6 billion.
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Rupert Murdoch&#39;s News Corporation has offered a package of concessions to appease shareholders who fear the tycoon would be given too much power over the media empire by shifting its domicile from Australia to the United States.
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China Network Systems, Taiwan's largest  cable TV operator, has decided to sell itself to MBK Partners,  in a deal expected to fetch up to $1.6 billion, according to  media reports on Monday.
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David Li, a former Dow Jones board member, has agreed to pay an $8.1 million civil penalty to settle charges of insider trading related to News Corp.âs  buyout offer, the S.E.C. said.
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Devon Energy Corp. (DVN.A: Quote, Profile, Research) plans to sell older North American oil and gas properties to raise as much as $1.
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Conglomerate says it would be &#39;cheap&#39; for it to buy the remaining 18% of Fox that it does not own. NEW YORK  - Media conglomerate News Corp.
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News Corp. said quarterly earnings were up 1 percent from a year earlier as results from the Fox broadcast network and news channel outweighed lighter returns from movies and TV production.
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NEW YORK - Earnings at News Corp., the media conglomerate run by Rupert Murdoch, rose 27 percent in the latest quarter on stronger results from broadcast television, cable networks and newspapers, the company reported Wednesday.
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News Corp., the media company controlled by Rupert Murdoch, said fiscal first-quarter profit rose 27 percent, partly because advertising sales increased at its cable-television networks including Fox News Channel.
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News Corp. saw healthy gains in profit and revenue in the fiscal first quarter - helped by growth in advertising at the Fox News Channel and the Fox broadcast network, as
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Britain&#39;s biggest cable company, NTL, agreed yesterday to sell its radio and television broadcasting business for Â£1.27bn to a consortium led by a fund managed by Australia&#39;s Macquarie Bank.
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News Corp. NWSa.N on Monday said it   has agreed to buy a U.K. jobs recruitment site for an   undisclosed sum to reach a younger audience.
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U.S. cable channel The Weather Channel is to be put up for sale and could fetch more than $5 billion, The New York Times said in an online report on Thursday, quoting people briefed on the auction.
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Current Media Inc, owner of the  youth-focused television network founded by former U.S. Vice  President Al Gore, plans to raise up to $100 million in an  initial public offering on the Nasdaq stock market.
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By Jenifer K. Nii Deseret Morning News  CBS Corp. said Wednesday it will sell seven of its owned television stations, including two in Utah, to Cerberus Capital Management for $185 million.
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Global media group News Corporation announces plans to sell nine of its Fox-affiliated TV stations in the US.