Company News

News Corporation (4)

Company NewsConnecting decision makers to a dynamic network of knowledge, individuals and ideas, Bloomberg shortly and precisely delivers business and monetary info, information and perception around the globe. News Corp agreed to sell eight of its tv stations to Oak Hill Capital Partners for approximately $1.1 billion as of 22 December 2007. Please Note: When subscribing to company news, you will solely obtain the messages that have been filed with Nasdaq by the respective firms. The WSJ supplies award-profitable journalism by way of unparalleled monetary, business and world news.

The appetite for Chinese investment faces a brand new take a look at after a state-owned firm made a $314 million bid for Vitaco. These may embody, for instance, information about an acquisition, spin-off, take-over bid, capital increase, new product launch, enlargement into new markets, signing of alliances, and so on. WaterWorld has compiled a Water Industry firm index that features, but will not be limited to the companies listed on this web page. Learn more about our 160-12 months-outdated international firm and our money transfer providers. Get the latest news and perspectives from VMware and the industry by visiting RADIUS, the VMware firm weblog.

In 1999, News Corp significantly expanded its music holdings in Australia by buying the controlling share in a leading Australian-based mostly label, Michael Gudinski ‘s Mushroom Records , merging it with already held Festival Records to create Festival Mushroom Records (FMR). In late 2003, News Corp acquired a 34% stake in DirecTV Group (previously Hughes Electronics), operator of the biggest American satellite TV system, from General Motors for US $6 billion.

News Corp was created in 1979 by Rupert Murdoch as a holding firm for News Limited News Limited was created in 1923 in Adelaide; subsequently the controlling interest was purchased by The Herald and Weekly Times In 1949, Sir Keith Murdoch took control of The Adelaide News. On 13 July 2011, Rupert Murdoch introduced that the corporate would withdraw its takeover bid for BSkyB as a consequence of issues regarding the News of the World scandal.

News Outdoor Group – Largest outdoor promoting company in Eastern Europe with over 70,000 adverts including billboards and bus shelters, working in Bulgaria, Czech Republic, Hungary, India, Israel, Poland, Romania, Russia (96 cities), Turkey and Ukraine. When he died in 1952, his son Rupert inherited a controlling interest in an Adelaide afternoon tabloid, The News News Limited operates right now as News Corporation’s Australian model, The Australian operating out of Surry Hills , in Sydney. DirecTV was sold to Liberty Media in 2008 in exchange for its holding in News International. The ACCC again postponed a call on News Corp Australia’s proposed sale of The Sunday Times to Kerry Stokes.