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Monday, July 24, 2006

News Corp buys majority of Turkish broadcaster

"News Corp buys majority of Turkish broadcaster

Reuters
Monday, July 24, 2006; 3:58 AM

ISTANBUL (Reuters) - News Corp. (NWS.N) has agreed to buy 56.5 percent of Turkish Huzur Radyo TV (TGRT) from Ihlas Yayin Holding for 127.2 million lira ($82 million), Ihlas Holding (IHLAS.IS) said in a statement on Monday."

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