Mexico's TV Azteca to Pay Holders Cash, Shares Up
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Mexico's No. 2 broadcaster TV Azteca said on Wednesday it will pay out &#36;210 million in cash to shareholders, sending its stock price soaring to a four-year high.
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News Corp  Chairman Rupert Murdoch received a pay raise last fiscal year, boosting his compensation package to $24.3 million, nearly matching the pay of his second in command.
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Mexican cement company Cemex said on  Monday it had spent about 432 million pounds ($780 million)  buying an 18.8 percent stake in RMC Group RMC.L as part of  its planned takeover of its British rival.
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NEW YORK  - Rupert Murdoch's News Corp. Ltd. willsell its stake in Sky Latin America to DirecTV Group, anothercompany which it controls, for $579 million in order toconsolidate operations of the two satellite broadcasters, thecompanies said on Monday.
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Mexican broadcaster Televisa's  Cablevision cable TV unit has pushed back to July plans to  offer viewers fixed line telephone service, which would  challenge telecom market heavyweight Telmex, an unnamed source  at the company said.
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The Mexican cement giant reaches a crucial 90% stake in an Australian rival.
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ITV shares rose 4.5% on Monday after reports of a possible takeover bid from private equity companies.
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Univision Communications Inc.   said on Monday a group including Madison Dearborn Partners,  Providence Equity Partners, Texas Pacific Group, Thomas H. Lee  Partners and Saban Capital Group had agreed to acquire the  company for &#36;36.25 per share in cash.
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US transport group Kansas City Southern has agreed to buy a controlling stake in Mexico&#39;s busiest railroad in a deal worth at least $550 million, ending a bitter legal dispute with Mexican company TMM.
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NEW YORK  - DirecTV Group  the largest U.S.satellite television service, will buy its controllingshareholder News Corp Ltd.'s  stakes in Sky LatinAmerica for $579 million and combine its operations withDirecTV Latin America, the companies said on Monday.
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DALLAS (CBS.MW) - Shares of TXU surged as much as 15 percent Monday after announcing it more than tripled its dividend payout from the prior quarter, increased its 2004 and 2005 earnings forecasts, and set a 50 million stock repurchase program.
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Station Casinos Inc.  said on  Monday it agreed to a $5.4 billion management-led buyout, after  the investor group buying the company raised its offer by about  10 percent.
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Station Casinos Inc.  said on Monday it agreed to a $5.4 billion management-led buyout, after the investor group buying the company raised its offer by about 10 percent.
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DirecTV Group  the largest U.S. satellite television service, will buy its controlling shareholder News Corp Ltd.'s  stakes in Sky Latin America for &#36;579 million and combine its operations with DirecTV Latin America, the companies said on Monday.
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Rupert Murdoch's News Corp. Ltd.  NCP.AX will sell its stake in Sky Latin America to DirecTV  Group DTV.N, another company which it controls, for $579  million in order to consolidate operations of the two satellite  broadcasters, the companies said on Monday.
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By Franklin Paul and Kenneth Li NEW YORK  - Rupert Murdoch's News Corp. Ltd. on Monday said it will sell its stake in Sky LatinAmerica to its DirecTV Group  for $579 million, creatingsatellite broadcast monopolies in a region where profits havebeen elusive.
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The Mexican government said it would sell its controlling stake in AeromÃ©xico to an investor group that includes Banamex, the Mexican subsidiary of Citigroup.