Murdoch to Sell Italy, German Pay-TV Stakes for $9B

Murdoch to Sell Italy, German Pay-TV Stakes for $9B Play

July 25 (Bloomberg) -- Rupert Murdoch’s 21st Century Fox agreed to sell its pay-TV businesses in Italy and Germany for more than $9 billion, gaining funds it could use to raise an $80 billion takeover bid for Time Warner. Alix Steel reports on “Movers & Shakers” on “In The Loop.” (Source: Bloomberg)

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