Billionaire Alwaleed Sells $190 Million News Corp Stake
[Bloomberg] Saudi billionaire Prince Alwaleed Bin Talal's investment firm sold a stake valued at almost $190 million in News Corp., reducing its holding in Rupert Murdoch's media company to about 1 percent.
"The reduction of KHC's holding in News Corp. has been decided in the context of a general portfolio review," Alwaleed said in a statement on Kingdom's website.
A response to the Magic Kingdom's reduced cash flow since the price of oil fell 50%? |
Posted by: trailing wife 2015-02-05 |