News
Murdoch may Sell Fox Family
posted on
Wants money for other aquisitions
According to Monday's London Financial Times Rupert Murdoch is concidering selling Haim Saban sold Murdoch his 49.5%.
According to the paper Murdoch hopes to sell Fox in order to gain the capital needed to buy DirecTV and fuse it with his Sky Global satellite company. Fox Family Worldwide would fetch $3 billion if sold, Disney and Viacom are said to be the two most likely buyers.
According to the paper Murdoch hopes to sell Fox in order to gain the capital needed to buy DirecTV and fuse it with his Sky Global satellite company. Fox Family Worldwide would fetch $3 billion if sold, Disney and Viacom are said to be the two most likely buyers.