Sunday, July 25, 2021

NEWS CORP SEES ITS STOCK SINK — AND THAT’S A GOOD THING

July 12, 2011 by · Leave a Comment 

News Corp today did what several media analysts — and reportedly several of its own board members — have been urging it to do rather than buying the additional shares of BSkyB that it doesn’t already own: buy back its own stock instead. The company, which reportedly sits on a mountain of cash, announced plans […]