Sustainability| More...
 

News Corp Sells 8 TV Stations For $1.1 Billion

digg Share this on Facebook Huffpost - News Corp Sells 8 TV Stations For $1.1 Billion stumble reddit del.ico.us RSS


First Posted: 12-24-07 10:43 AM   |   Updated: 03-28-08 02:45 AM

I Like ItI Don’t Like It
Read More: Fox Affiliate Stations, Fox Affilliates, Media Conglomerates, News Corp, Oak Hill Partners, Rupert Murdoch, Business News
News Corp

Retuers Via CNBC:

Rupert Murdoch's News Corp will sell eight U.S. television stations to private equity firm Oak Hill Partners for about $1.1 billion.

News Corp said in a statement Saturday the deal was expected to close in the third calendar quarter of next year.

The sale of the Fox affiliate stations in small markets will leave News Corp with 27 stations in major markets including New York, Boston and Los Angeles.

Read the whole story: Retuers Via CNBC

Rupert Murdoch's News Corp will sell eight U.S. television stations to private equity firm Oak Hill Partners for about $1.1 billion. News Corp said in a statement Saturday the deal was expected to cl...
Rupert Murdoch's News Corp will sell eight U.S. television stations to private equity firm Oak Hill Partners for about $1.1 billion. News Corp said in a statement Saturday the deal was expected to cl...
Filed by Michelle Kung  |  Report Corrections
 
Comments
2
Pending Comments
0
iPhone App Promo

Want to reply to a comment? Hint: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to

View Comments:
- Ginzaman I'm a Fan of Ginzaman 12 fans permalink

And it's only the beginning.

    Favorite    Flag as abusive Posted 10:12 PM on 12/25/2007
- BuzzingAlong I'm a Fan of BuzzingAlong 11 fans permalink
photo

What, no Chinese buyers?

    Favorite    Flag as abusive Posted 09:59 PM on 12/25/2007
Comments are closed for this entry

 You must be logged in to comment. Log in  or connect with 

Connect