Satellite Today

Liberty Media Swaps For Largest Stake In DirecTV

December 23, 2006 | Satellite Today | JJ McCoy
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Liberty Media Corp. has entered into a definitive agreement to exchange its 16.3 percent stake in News Corp. for News Corp.'s 38.5 percent stake in DirecTV Group Inc., the companies announced Dec. 22. Liberty will transfer 188 million NWS shares and 324.6 million NWS.A shares to News Corp., which will swap...

 

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