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’Lachlan Murdoch ditches Nielsen bid
Lachlan Murdoch, the eldest son of media mogul Rupert Murdoch and a director of his News Corp empire, has withdrawn at the last minute from a consortium bidding for the bulk of Nielsen Business Media. Pluribus Capital Management,
Lachlan Murdoch buys Nielsen assets
Lachlan Murdoch’s Illyria is poised to announce the purchase of most of Nielsen Business Media, publisher of the Hollywood Reporter, by as early as Thursday, reports Bloomberg. Murdoch, 38, is joining with US-based Pluribus Capital Management in bidding for assets of the unit of Nielsen,
Lachlan Murdoch ties up with DMGT
Daily Mail & General Trust has sold half of DMG Radio Australia, its Australian radio business, to Illyria, Lachlan Murdoch’s private investment vehicle, for about £63m. Murdoch, son of News Corp chairman Rupert Murdoch,
Lachlan Murdoch’s A$3.3bn CMH bid fails
Lachlan Murdoch’s A$3.3bn ($3.1bn) bid for Consolidated Media Holdings, the Australian-listed media group, collapsed Monday after members of his bidding consortium failed to agree revised terms, despite the arrival of a new equity backer – buy-out firm Providence Equity Partners.
Murdoch and Packer confirm deal
Lachlan Murdoch is poised for a comeback in the Australian media sector after joining forces with James Packer to take private the remnants of the late Kerry Packer’s media empire. Under a A$3.31bn ($2.85bn) indicative offer announced Monday,
What lies behind the Murdoch/Packer deal?
Trust the (News Corp-owned) Australian newspaper to scoop the world with its report on Monday that Lachlan Murdoch and Australian gaming magnate James Packer will join forces in an A$3.3bn deal to take Packer’s publishing company,
Lachlan Murdoch, James Packer to buy CPH
Lachlan Murdoch, son of media tycoon Rupert Murdoch, and Australian gaming magnate James Packer will join forces to buy publishing company Consolidated Media Holdings, reports Reuters, citing a report on the website of News Corp-owned The Australian newspaper.
Big Murdoch’s pride in little Murdochs
Rupert Murdoch’s letter to the Bancroft family (see earlier item) is not just about his business plans for Dow Jones — it also shines a rare spotlight on his family, says the FT. Mr Murdoch, who is 76 years old,