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Liberty to gain control over DirecTV in exchange for News stake

Submit on Friday, December 8th, 2006 05:57

Rupert Murdoch, who controls News Corp., reportedly has reached a verbal agreement with Liberty Media Corp.’s John Malone to swap News Corp.’s 39 percent interest in DirecTV for Liberty’s 19 percent voting stake in News Corp.

This entry was posted on Friday, December 8th, 2006 at 5:57 am and is filed under BUSINESS. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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