Tom.com to invest NT$1.3 billion in Taiwan venture

Article Abstract:

Tom.com Ltd. is planning to make an approximately NT$1.3 billion (45.1 million euros) investment in a publishing venture based in Taiwan. Tom.com will acquire 49% of the venture that was established with PC Home Publication Group and Cite Publishing Ltd.

Taiwan, Joint ventures, Capital expenditures, Tom.com Ltd., Cite Publishing Ltd., PC Home Publication Group

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News Corp. sells stake in Australia rival Fairfax

Article Abstract:

The News Corporation Ltd. has sold its 7.5% stake in Fairfax Media Ltd. for $312 mil, or $4.16 a share. News Corp. had purchased the stake in October 2006 at $5.20 per share. Last week, News Corp. offered $5 bil for publisher Dow Jones and Company Inc.

Strategy & planning, Acquisitions & mergers, Newspapers, United States, Planning, Mergers, acquisitions and divestments, Company acquisition/merger, Newspaper publishing, DJ, The News Corporation Ltd., NWS, Company business planning, Dow Jones & Company Inc.

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Prisa seeks to raise stake in Sogecable unit

Article Abstract:

Spanish media firm Promotora de Informaciones S.A., known as Prisa, is offering $40.22 for additional shares in television broadcasting company Sogecable S.A., which values the broadcaster at $5.6 bil. Prisa currently owns 47% of Sogecable.

Cable and other pay TV services, Direct Broadcast Satellite TV Providers, Cable and Other Program Distribution, Spain, Direct broadcast satellite television industry, Satellite television industry, Promotora de Informaciones S.A., Sogecable S.A.

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