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Tribune agrees to sell control of Newsday to News Corp. - Read More

Date Added: April 23, 2008 09:27:07 AM
The $580-million transaction would further heighten Rupert Murdoch's media profile in New York and give debt-laden Tribune much needed cash. Tribune Co. has reached a preliminary agreement with Rupert Murdoch's News Corp. to sell control of Newsday of Long Island, the media conglomerate's third-largest newspaper, in a deal valued at $580 million, according to people familiar with the ...

Category: News & Media


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