Cisneros sues to stop DirecTV, News Corp. plan for Latin America

10/19/2004 | Wall Street Journal, The

News Corp. and DirecTV Group have been sued by an affiliate of Venezuela's Cisneros Group, which is trying to block a plan to consolidate the satellite operations of News Corp. and DirecTV in Latin America. The Cisneros affiliate owns a 14% stake in DirecTV's Latin American arm; News Corp. owns a 34% stake in DirecTV.

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