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News Corp (NWSA.OQ)

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26 Jun 2017
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Second U.S. buyout firm bids for Australia's Fairfax Media

SYDNEY Australia's oldest newspaper publisher Fairfax Media Ltd on Thursday said it has received a takeover bid worth as much as A$2.87 billion ($2.13 billion) from a second U.S. private equity firm, sending its shares sharply higher.

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