Saturday, December 22, 2007

News Corp to sell 8 U.S. TV stations for $1.1 bln (Reuters)



News Corp. chief Rupert Murdoch makes a comment to reporters as he leaves a midtown Manhattan office building following meetings with several key members of the Bancroft family who control Dow Jones and Co. Inc., June 4, 2007. Murdoch's News Corp will sell eight U.S. television stations to private equity firm Oak Hill Partners for about $1.1 billion. (Mike Segar/Reuters)Reuters - 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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