Steve Mehs
01-07-03, 04:57 AM
Rupert Murdoch's News Corp. may sell its Los Angeles Dodgers to raise cash before bidding on DirecTV, The Age publication reported, citing unnamed Wall Street analysts.
In other press reports, a Dodgers spokesman acknowledged that the team could be sold if the right offer surfaced for the team.
"As we've said with previous rumors about our organization being for sale, naturally they would do so, if the right buyer and the right price came along," Derrick Hall, a senior vice president with the team, told the media. "However, there has been absolutely no indication that a sale is imminent."
After EchoStar dropped its bid for its satellite TV rival last month, News Corp. surfaced as the likely buyer for DirecTV. In 2001, EchoStar outbid Murdoch's company for the coveted satellite TV company.
From SkyReport (http://www.skyreport.com/skyreport/jan2003/010703.shtm#one) (Used with Permission)
In other press reports, a Dodgers spokesman acknowledged that the team could be sold if the right offer surfaced for the team.
"As we've said with previous rumors about our organization being for sale, naturally they would do so, if the right buyer and the right price came along," Derrick Hall, a senior vice president with the team, told the media. "However, there has been absolutely no indication that a sale is imminent."
After EchoStar dropped its bid for its satellite TV rival last month, News Corp. surfaced as the likely buyer for DirecTV. In 2001, EchoStar outbid Murdoch's company for the coveted satellite TV company.
From SkyReport (http://www.skyreport.com/skyreport/jan2003/010703.shtm#one) (Used with Permission)