Quantcast
Channel: taiwansun.com latest rss headlines
Viewing all articles
Browse latest Browse all 33688

Phoenix Satellite stake diluted by News Corp

$
0
0

WASHINGTON - Rupert Murdoch's News Corp has diluted its stake in Hong Kong listed broadcaster Phoenix Satellite Television Holdings by selling a 5.28 per cent stake for $92 million, as part of continuing efforts to streamline and restructure its global portfolio. After the stake sale Thursday through a block trade, Star Entertainment Holdings Ltd., a News Corp. unit, will still hold about ...

Viewing all articles
Browse latest Browse all 33688

Trending Articles