TITLE

Liberty Eyes a Compromise

AUTHOR(S)
Farrell, Mike
PUB. DATE
January 2008
SOURCE
Multichannel News;1/14/2008, Vol. 29 Issue 2, p2
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the issue concerning the proposal of Liberty Media Corp. to the U.S. Department of Justice (DOJ) regarding the approval of its acquisition of a controlling stake in DirectTV Group Inc. It is stated that the DOJ was reluctant to set a time frame for when a deal may be approved. It is believed that the objection expressed by the DOJ is related to Liberty chairman John Malone's personal equity stake in Liberty Global, which owns a small cable system in Puerto Rico.
ACCESSION #
28450034

 

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