The price of genetics is control of the major satellite company in the Americas.
All this because Rupert Murdoch wants one of his children to take over running the company when he goes, and they will decide amongst themselves who takes over.
The other shareholders will have to wait upon the kids´ decision.
Onésimo Alvarez-Moro
See article:
Rupert Murdoch’s News Corp is considering exchanging its controlling stake in DirecTV, the US satellite operator, for the 19 per cent voting stake in News Corp owned by John Malone’s Liberty Media, according to people familiar with the discussions.
Mr Murdoch, who fought hard to acquire the DirecTV stake in an effort to secure distribution for his Fox television and cable content, is considering the swap because of the difficulty and expense of adding broadband capability to its satellite television product, a bundle of services that he has said is increasingly important to customers and which cable rivals are already offering.
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