Ferree: News-Hughes Back on Track

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Federal Communications Commission Media Bureau chief Kenneth Ferree said the agency should be done with its review of News Corp.’s purchase of DirecTV Inc. parent Hughes Electronics Corp. by year-end, Dow Jones reported.

The 180-day merger-review clock was stopped Oct. 10, day 149, as the commission requested more information from both parties.

Ferree said at a conference Wednesday that he expects the clock to restart "within a matter of days or a week," Dow Jones reported.