Finance World

Telecom Italy and the company of Rupert Murdoch, News Corp, have taken the control of 100% stake in Stream. The two groups have indeed found the 30% stake owned by Cecchi Gori Group and SDS, the consortium that includes football clubs Fiorentina, Lazio, Parma and Rome. So now, having overcome the internal conflicts, Telecom and News Corp will send forward the programs and projects for development of satellite pay TV. The total outlay of the transaction will be about 380 billion lire.

Tags: company, New

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Tags: company, New

This entry was posted on Tuesday, February 9th, 2010 at 7:55 am and is filed under finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.