Content

News Corp.: Fox Share Offer Done

3/21/2005 8:11 AM Eastern

News Corp. said Monday that it successfully completed an offer for the outstanding shares in its Fox Entertainment Group Inc. unit, AP reported.

Fox Entertainment includes the Fox broadcasting network, its television stations, the 20th Century Fox movie studio, cable networks (such as FX, Speed Channel and Fox News Channel) and a 34% equity interest in DirecTV Group Inc.

The media giant said a total of 414,889,385 shares were tendered, boosting its stake in the unit to 98.8% from 82%, according to AP.

Under the offer -- which expired at midnight Friday and which was originally announced Jan. 10 -- News Corp. offered 2.04 of its class-A shares for every Fox share.

April

2015 BCAP Cable Academy

Sheraton Harrisburg Hershey Hotel, 4650 Lindle Rd., Harrisburg, Pa. Contact: Suzette Welter, swelter@bcapa.com

May

Multicultural TV Breakfast Panel

Breakfast Panel Discussion at INTX 2015, McCormick Place, Chicago, Ill. For more information visit: multichannelevents.com/multiculturaltv