Pearson agrees to sell 79-percent stake in Spanish media group
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Publishing group Pearson said it had agreed to sell its 79-percent stake in Spanish media group Recoletos to an investment vehicle formed by a consortium of Spanish investors for 743 million euros (988 million dollars).
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Viacom Inc. said Tuesday it will sell a radio station to Spanish Broadcasting System Inc. for a 10 percent stake in SBS, marking Viacom&#39;s entry into the US Hispanic radio market.
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Venezuelaâs government agreed to buy the stake held by Verizon Communications in CompaÃ±Ã­a AnÃ³nima Nacional TelÃ©fonos de Venezuela for $572 million.
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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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Morgan Stanley has sold its 7.2 percent stake in The New York Times Co. , people close to the matter said yesterday, marking the end of a bitter fight between one of the bank's asset managers and the company.
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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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Media tycoon Rupert Murdoch has returned to the German TV market by buying a near-15 percent stake in the country's largest pay-TV broadcaster, Premiere , for 287 million euros ($421.6 million).
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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 deal with the media agencies owned by the WPP Group is valued at $800 million to $900 million in commercial time.
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Media & professional: Pearson, the owner of the Financial Times, said yesterday it had decided not to pursue a bid for Dow Jones with General Electric.
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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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Financial Times publisher Pearson Plc.  is seeking partners to make a possible bid for Wall Street Journal owner Dow Jones & Co. Inc. , the Journal reported on its Web site on Friday.
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Spanish public works and services group Acciona announced that it had bought 10 percent of Spain's largest electricity company, Endesa, for an estimated 3.38 billion euros (4.33 billion dollars).
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News Corp., the media company controlled by Rupert Murdoch, agreed to sell eight of its Fox network-affiliated television stations in the United States to Oak Hill Capital Partners for about $1.1 billion in cash.
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Australian-based media giant News Corp. is to buy out the last remaining minority shareholder of Sky Italia and assume full control of the satellite broadcaster.
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Limited Brands said that it had agreed to sell 75 percent of its namesake clothing chain to a buyout firm, Sun Capital Partners.
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Thomson Corp. TOC.TO said on Friday it  will sell its media division to investment group Investcorp in  a $350 million cash deal that will tighten its focus on  electronic publishing.