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It's the strategy Rupert Murdoch has employed in his effort to acquire Time Warner Inc., and similar to one that proved successful in the billionaire's last big media takeover.
In this June 18, 2014 file photo, Jeff Bewkes, Chairman and CEO of Time Warner, attends the Cannes Lions 2014, 61st International Advertising Festival in Cannes, southern France.
BSkyB is putting the final touches to a plan to buy its sister companies in Italy and Germany and will announce the takeovers in the next two weeks, the Sunday Times reported.
Rupert Murdoch 's 21st Century Fox Inc. is considering using proceeds from a sale of its Italian and German pay-TV assets to boost its offer for Time Warner Inc. , according to two people familiar with the matter.
Although Murdoch has ponied up for prized assets in the past, Fox is going to be disciplined in its pursuit of the rival media giant, which houses Warner Brothers, CNN and Turner Broadcasting, sources close to the situation said.
Rupert Murdoch , seeking to pull off his biggest deal ever, has brought some of the old team together again -- and made some substitutions.
Murdoch's $75 billion proposal to acquire Time Warner Inc. would give his 21st Century Fox Inc. control over a vast swath of what consumers see on TV, from HBO's bloody "Game of Thrones" to America's top-rated comedy, "The Big Bang Theory."
After John Malone's firm acquired a 6.4 percent stake, "ITV is now likely to be seen as a potential M&A story," especially amid industry deal talk following the failed $80 billion Fox bid for Time Warner, says one observer.
Asian equities gained on Thursday, lifted by another record-high close on Wall Street, while the euro probed recent lows against the dollar amid speculation the US Federal Reserve is tilting toward tighter monetary policy in light of a stronger economy.
Cross-channel train operator Eurostar says passenger numbers rose by 2% in the first half of 2014 to five million from 4.9 million a year earlier.
Wolff: Man in the shadows key to Murdoch deal Here's why the mogul is confident he'll ultimately pull off the big deal Check out this story on USATODAY.com: http://usat.ly/1mhjlUV Your Take contributions have not been reviewed for accuracy by USATODAY.
Former FCC Commissioner Harold Furchtgott-Roth and Harvard Law School Visiting Professor Susan Crawford discuss regulatory hurdles facing a Twenty-First Century Fox and Time Warner deal.
Time Warner Inc declined a proposal to be purchased by Twenty-First Century Fox Inc in a deal that could have created the most powerful media conglomerate in the world.
Updated: Tue Jul 22, 2014 02:48 am
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