Murdoch sells Stream to Vivendi Universal

By 2002-02-14T13:14:00

Rupert Murdoch has pulled out of Italy by closing a deal with Vivendi Universal that sees News Corp selling its ailing pay-TV arm, Stream to the rival media giant. The deal, which must now be approved by Italy's Antitrust Authority, paves the way for Vivendi's Telepiu' to become the only ...

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