DirecTV to Raise $2.5 Bil. for Buyback

May 8, 2008  •  Post A Comment

Satellite operator DirecTV will try to raise $2.5 billion for share repurchases, the Wall Street Journal reports. As part of the buyback plan, leading shareholder John Malone’s Liberty Media will limit is voting stake in DirecTV to 48%, the Journal says.
— Danny King

One Comment

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