A look at the Wall Street rumor mill - Unfiltered. Most of the rumors posted on this blog will never, ever, ever come true. Many are BS. Even more are wishful thinking. YOU SHOULD NEVER BUY A STOCK ON A RUMOR - NEVER! GOT IT? NOW ENJOY.
Thursday, December 07, 2006
News (NWS) Near Deal with Liberty Media - WSJ
Reports from the Wall Street Journal, News Corp (NYSE: NWS) is near a deal with Liberty Media (Nasdaq: LCAPA) to buy back Liberty's $11 billion stake. Liberty would get News Corp's 39% share of DirectTv (NYSE: DTV).
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