[opendtv] News Corporation Completes Acquisition of Fox
- From: Monty Solomon <monty@xxxxxxxxxx>
- To: undisclosed-recipient: ;
- Date: Tue, 22 Mar 2005 21:21:13 -0500
News Corporation Completes Acquisition of Fox
- Mar 21, 2005 05:51 PM (BusinessWire)
NEW YORK--(BUSINESS WIRE)--March 21, 2005--News Corporation (NYSE:
NWS, NWS.A; ASX: NWS, NWSLV) announced today that it has completed its
previously announced acquisition of Fox Entertainment Group, Inc.'s
Class A common stock (NYSE:FOX) that News Corporation did not already
own.
In a short-form merger of Fox Entertainment Group, Inc. with and
into News Corporation's wholly owned subsidiary, Fox Acquisition Corp,
that was effected earlier today, each share of Fox Class A common
stock, other than those owned by News Corporation or its subsidiaries,
was converted into 2.04 shares of News Corporation Class A common
stock, subject to the rights of stockholders to seek appraisal under
Delaware law.
...
- http://finance.lycos.com/home/news/story.asp?story=47820386
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