Replies to post #544333 on $Stock*Shop*Charts*News*Option$

[Tuff-Stuff]

BSkyB to pay $9 billion to create Sky Europe
Reuters
11 minutes ago

- Britain's BSkyB (BSY.L) has agreed to pay $9 billion to buy Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers.

BSkyB, in which Murdoch's 21st Century Fox (FOXA.O) is also the largest shareholder, will pay for the deal using cash, debt, its stake in a TV channel and a placing of shares that represents around 10 percent of its issued share capital.

more http://finance.yahoo.com/news/bskyb-pay-8-billion-create-061833695.html?l=1

[EZ2]

FOOD inflation going to become unbearable!!