Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Tuesday, July 16, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholders Say Murdoch Dumped TV Guide| To Get Money To Buy Dow Jones

LOS ANGELES (CN) - Shareholders of Gemstar-TV Guide International accuse Rupert Murdoch and News Corp. of selling Gemstar too cheaply to Macrovision Corp. - for $2.8 billion - to get cash for defendants' $5.6 billion purchase of Dow Jones, in a class-action complaint in Superior Court. Lead counsel for plaintiffs is Coughlin Stoia Geller Rudman & Robbins of San Diego.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...