News Corporation
May 9, 2008
News Corp triples quarterly profit
“The quarter was also quite strong from a strategic sense. We finally completed our deal with Liberty Media effectively selling our interest in DirecTV for a tax-free gain of $1.7 billion”
NEWS Corporation chairman and chief executive Rupert Murdoch said yesterday advertising revenue showed the US consumer economy was stressed but revenue in Australia was "just booming". News Corp yesterday ... via NEWS.com.au
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