Short of Cash, Media Giants Are Selling Assets
Short of Cash, Media Giants Are Selling Assets
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New York, N.Y: New York Times Company
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English
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New York, N.Y: New York Times Company
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AOL Time Warner's position is less severe but still constraining. It agreed to pay $8 billion in cash to Bertelsmann for its half interest in AOL Europe and AOL Australia two years ago, and this summer agreed to pay an additional $2 billion to AT&T as part of a deal to unwind a cable industry partnership, bringing the company's total debt to nearly...
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Short of Cash, Media Giants Are Selling Assets
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TN_cdi_proquest_newspapers_432190213
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_newspapers_432190213
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ISSN
0362-4331