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October 6, 2008 9:03:07 PM CDT


Stories related to: James Packer

Stories

2 Stories

  • April 2008
    • Murdoch Heir's Deal for Aussie Media Mainstay Falls Apart

      Murdoch Heir's Deal for Aussie Media Mainstay Falls Apart

      (Newser) - A $3 billion bid for control of Australia's Consolidated Media Holdings by Rupert Murdoch’s son, Lachlan, is dead in the water after Murdoch’s financial backers and CMH—a major magazine and TV player—failed to agree to a price for the takeover, the Australian reports today. The original deal set a $4.80 share price; Murdoch’s equity partners, Providence Equity Partners, would only pay $4.60. More »

  • January 2008
    • Next-Generation Media Moguls Aim High

      Next-Generation Media Moguls Aim High

      (Newser) - The sons of two legendary Australian media moguls are joining forces in a $2.9 billion bid to take the country’s Consolidated Media Holdings private, The Australian reports. If the deal is approved, Lachlan Murdoch and James Packer will share the diverse media conglomerate 50-50, with Murdoch as the likely executive chairman. CMH has stakes in pay TV, the Internet, and magazines. More »

      Tags

      Rupert Murdoch   News Corp   Lachlan Murdoch   James Packer   Consolidated Media Holdings

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