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Murdoch: DirecTV Bid 'Question of Price'

Discussion in 'DIRECTV General Discussion' started by John Corn, Apr 2, 2003.

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  1. John Corn

    John Corn Hall Of Fame

    Mar 21, 2002
    BEVERLY HILLS, Calif. (Reuters) - New Corp. Ltd chairman and chief executive Rupert Murdoch on Wednesday said negotiations over his company's attempt to buy U.S. satellite television service DirecTV is now "just a question of price."

    But he stopped short of saying his company would end up acquiring DirecTV, which is a unit of General Motors (NYSE:GM - news) Corp.'s Hughes Electronics Corp. (NYSE:GMH - news).

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