April 4, 2007
News Corp. Shareholders Approve Liberty Deal
News Corp. shareholders approved a deal where News Corp. would buy back Liberty Media's 16.3% interest in the company and transfer its controlling interest in DirecTV Group to Liberty. The deal would increase Rupert Murdoch's interest in News Corp. from 31% to 38%. See NYTimes, News Corp. Shareholders Accept Liberty Deal ; WSJ, Liberty Media Swap Is Approved.
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