In Filing, News Corp. Says It Will Provide $2.6 Billion to Its New Publishing Company

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By: Amy Chozick | New York Times

News Corporation’s new publishing company will get an infusion of $2.6 billion in cash and will have no debt when it separates from the company’s higher-growth cable channels and Hollywood studio this summer.

In a filing with the Securities and Exchange Commission, the company confirmed on Friday what analysts had expected: Rupert Murdoch will make sure his beloved trove of more than 100 newspapers will have plenty of capital once they are split off on their own.































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