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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: Kerry Packer

Kerry Packer stories: 2 news summaries

Once-Richest Aussie
Dumps His Playthings

With fortune halved by downturn, James Packer selling $50M yacht, postpones pool

Jan 19, 09 4:16 PM CST
(Newser) - The recession is forcing one of Australia's richest men to cut back on the playboy life, the Sunday Telegraph reports. James Packer, son of media mogul Kerry Packer, is selling his $50 million yacht, halting the construction of a $3 million pool complex at his family home, and pushing back... More »

MORE ABOUT:
Australia • lifestyle • James Packer • private jet • superyachts • swimming pool • Kerry Packer • financial crisis

Murdoch Heir's Deal for Aussie Media Mainstay Falls Apart

Consolidated Media won't budge on price

Apr 7, 08 9:32 AM CDT
(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... More »

MORE ABOUT:
Rupert Murdoch • acquisition • Providence Equity • Lachlan Murdoch • James Packer • Consolidated Media Holdings • CMH • Kerry Packer • Foxtel • Nine Network • Illyria

2 Stories


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