Maxie Zeus
03-22-2005, 12:26 PM
Minority shareholders of Fox Entertainment Group have accepted a buyout offer by News Corp. for their shares, according to the Los Angeles Times (http://www.latimes.com/business/custom/cotown/la-fi-fox22mar22,1,7300094.story?coll=la-headlines-business-enter) (link requires free registration). Shareholders will receive 2.04 nonvoting shares of News Corp. in exchange for each share of Fox Entertainment stock.