Time Warner Inc moved another step closer to spinning off its magazine assets as Time Inc, the publisher of People, Fortune and the eponymous newsweekly Time, filed with regulators on Friday to list itself as a standalone company.
News Corp
News Corp received a five-year revolving line of credit amounting to USD 650 million.
Rights coverage and greater viewership are promised in the new deal between 21st Century Fox Inc and the German Bundesliga.
News Corp, where 7% is owned by Prince Alwaleed Bin Talal,reported an increase in annual income.
Analysts had said that Southeastern Asset Management's purchase of a 12% voting stake in News Corp was dubious.
The buyout firm is now the second largest shareholder in News Corp after mogul Rupert Murdoch.
News Corp. sold 33 local newspapers of its newspaper portfolio to Fortress Investment Group LLC.
News Corp announced that it had sold Dow Jones Local Media to a unit of Fortress Investment Group without disclosing the terms of the deal.
News Corp and 21st Century Fox started trading off their assets which gave investors the crucial choice between two different firms.
News Corp announced it is splitting its entertainment business from its publishing empire.
Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies.
Rupert Murdoch's News Corp (NWSA.O) made a $2 billion takeover offer for Australia's Consolidated Media Holdings (CMJ.AX) on Wednesday.
Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies.
Fiat and Ferrari's corporate parent Exor opted to pass because the price was too high.
bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1030 GMT on Tuesday.
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