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To: Peach
Hello Peach :)

I found this article, it relates to Berts post if you're interested.

The paranoia of Rupert Murdoch
Nov 11th 2004
From The Economist print edition
Excerpt:
RUPERT MURDOCH, boss of News Corporation, and John Malone, chairman of Liberty Media, have until now behaved like friends and allies in the media industry. But last week Liberty Media announced that it had made a deal with an investment bank that will allow it to raise its holding of News Corporation's voting shares from 9% to 17%. Mr Murdoch reacted as if his fellow media mogul had declared all-out war. On Monday he unveiled a poison-pill “shareholder rights” plan designed to prevent a hostile takeover.

Click this link to see the article
67 posted on 09/25/2005 6:26:06 PM PDT by TheForceOfOne (It was a village of idiots that raised Hillary to Senator status.)
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To: TheForceOfOne

Thanks for finding that article; am I correct in reading this that Murdoch was trying to avoid a takeover?


70 posted on 09/25/2005 7:03:13 PM PDT by Peach (South Carolina is praying for our Gulf coast citizens.)
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