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December 22nd, 2006 at 10:03am.

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Dec22

News Corp. swaps DirecTV stake with Liberty, settles dispute involving Murdoch (Canadian Press)

Canadian Press - NEW YORK (AP) - Rupert Murdoch’s News Corp. will swap its controlling stake in the satellite TV broadcaster DirecTV Group Inc. with Liberty Media Corp. in exchange for Liberty’s 16 per cent stake in News Corp., the companies said Friday.

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