Stockbroker from Shaw Stockbroking Has rumoured that Libery Media was apparently purposely dumping large quantities of shares today to depress the price of NWS.. They are preparing for a possible takeover in partnership with another Media Company to avoid the poison Pill initiated by Murdoch.. Apparently if the takeover is done between two companies in partnership they will each be below the poison pill threshold which will not invoke it. Lets see what happens?
If this is true then News Corp Could run Like Crazy on any announcement of a joint Takeover