Wednesday, 29 February 2012

News Corp. Executives Weighed Spinoff of Newspaper Publishing, Carey Says [Bloomberg]

News Corp. (NWSA), facing inquiries by authorities over hacking and
bribery at its U.K. newspapers, has discussed spinning off its
publishing business, according to Chief Operating Officer Chase Carey.
Carey had a number of talks with News Corp. executives about selling
or separating the publishing unit from the company, he said today at
the Deutsche Bank (DBK) media conference in Palm Beach, Florida.

http://www.bloomberg.com/news/2012-02-28/news-corp-execs-weighed-spinoff-of-p...

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