Murdoch Poised to Pay Record &#36;44 Million for NY Pad
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Apartment hunting in Manhattan can trigger depression for the budget-minded, but these are heady times at the top end as The New York Times reported on Friday that media mogul Rupert Murdoch is set to buy a Fifth Avenue triplex for &#36;44 million -- in cash.
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Business & money: Rupert Murdoch is looking to make $100m in savings at the Wall Street Journal's parent company. By Chris Tryhorn.
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Like it or not, Rupert Murdoch is a New York City staple. As chairman of News Corp. (nyse: NWS - news - people ), the billionaire is a part of Gothamites&#39; lives.
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Lachlan Murdoch, son of media tycoon Rupert Murdoch, and Australian gaming magnate James Packer launched a joint A$3.3 billion ($2.9 billion) offer on Monday to buy out the Packer-backed publishing company Consolidated Media Holdings .
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Rupert Murdoch, who is pursuing a $5  billion bid for Dow Jones & Co., will be the center of  attention when the world&#39;s biggest media chiefs gather this  week at the 25th annual Allen & Co. conference in Sun Valley,  Idaho.
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Rupert Murdoch's News Corp., moving to regain full control of its majority owned Fox television properties, is offering to buy the remaining publicly held shares of Fox Entertainment Group Inc. in a &#36;5.9 billion stock deal.
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Rupert Murdoch has agreed to buy the late Laurance S. Rockefeller's Fifth Avenue penthouse, whose $44 million price tag is the highest ever for a residence in Manhattan.
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Hearst will pay the Tribune Co. $62.4 million for its two daily newspapers in Stamford and Greenwich.
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Rupert Murdoch said Thursday that The Wall Street Journal will continue to charge a fee for full access to its Web site, and indicated that those charges may go up.
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Description: News mogul Rupert Murdoch pays a record-setting $44 million for a three-story Fifth Avenue penthouse in Manhattan formerly inhabited by the late Laurance Rockefeller.
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On Wednesday, the company&#39;s shares (NYSE: DWA) were priced at $28, according to media reports. That was above the $23 to $25 range predicted.
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The family that controls Dow Jones & Co expects to decide by early next week if it wants to sell the company to Rupert Murdoch's News Corp for $5 billion, a source familiar with the matter said on Tuesday.
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Media & professional: Rupert Murdoch has succeeded with his Â£2.5bn bid for Dow Jones, the Business magazine reports on its website.
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Rupert Murdoch sees his lofty $5  billion offer to buy Dow Jones & Co. Inc. &quot;worth paying&quot; to  empower a global network of cable, print and digital  operations, including an upcoming business news cable channel,  according to a Time magazine interview on Thursday.
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Dow Jones is set to announce that it will pay about $486 million for the parent company of CBS MarketWatch, a business news site.
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News Corp chief executive and chairman Rupert Murdoch received a bonus worth $US12.5 million for the year to June 30, 2004, taking his total remuneration to more than $US20 million.
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Legg Mason Inc. LM.N, one of the  fastest-growing U.S. asset management companies, on Wednesday  said it plans a public offering of 4 million shares, a sale  that could raise almost $300 million.