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  • Murdoch says he's 'interested' in DirectTV

    10/01/2002 6:57:20 AM PDT · by GeneD · 6 replies · 272+ views
    CBS.MarketWatch.com ^ | 10/1/02 | Steve Gelsi
    Media mogul Rupert Murdoch of News Corp. told investors at the Goldman Sachs Media Conference he would be "interested" in DirecTV if it became available again. The satellite TV provider is owned by General Motors and is currently pursuing a merger with EchoStar, which is seeking regulatory approval to buy the company. "Naturally we are watching what is happening, should GMH come around again, we would look at it," Murdoch said. "But we would would look very carefully." Shares of Hughes were unchanged at $9.15 per share in early NYSE action on Tuesday. EchoStar fell 47 cents to $20.52.