TITLE

DirecTV May End Up In Malone's Hands

AUTHOR(S)
Farrell, Mike; Moss, Linda
PUB. DATE
September 2006
SOURCE
Multichannel News;9/18/2006, Vol. 27 Issue 37, p6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the efforts of News Corp. chairman Rupert Murdoch to buy back Liberty Media Corp. chairman John Malone's 19% voting interest in News Corp. stock. Malone has long been interested in gaining a share in the U.S. satellite-television business DirecTV Group Inc. Murdoch purchased the controlling interest in DirecTV Group from General Motors Corp. for about $6.6 billion in 2003. Liberty also owns 4% of Time Warner Inc. stock, worth around $3.1 billion.
ACCESSION #
22413623

 

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