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  1. #1
    W4A1 143 43CK? Nbadan's Avatar
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    Prince al-Waleed bin Talal, the billionaire Saudi investor, has vowed to block any hostile takeover bid for News Corp, throwing his support behind Rupert Murdoch, chairman of the US media group.

    Kingdom Holding Company, the prince's privately owned investment vehicle, has promised to convert its 3 per cent non-voting stake in News Corp worth about $1bn into voting stock and acquire additional shares in the event of a bid.

    ... Prince al-Waleed told the FT: “The idea is that if the need arises, we will act to keep News Corp independent under the leadership of Mr Murdoch and convert our stock to a voting stake and take whatever additional stake is needed.” He also supported Mr Murdoch's sons, Lachlan and James, who are deputy chief operating officer and chief executive of BSkyB respectively. “I want to be sure Mr Murdoch and his family and the directors understand I'm ready to assist.”

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    Well, at least the relationship is out in the open now. I guess the takeover is almost complete.

  2. #2
    Gangsta Photog 2pac's Avatar
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    Did you really understand what that said, because your opinion doesnt line up with what is happening at all.

  3. #3
    W4A1 143 43CK? Nbadan's Avatar
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    Yes, the Saudi are funding Murdoch. What more needs to be said?

  4. #4
    Gangsta Photog 2pac's Avatar
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    Yes, the Saudi are funding Murdoch. What more needs to be said?
    Proves that you don't understand.

  5. #5
    SW: Hot As Hell
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    Yes, the Saudi are funding Murdoch. What more needs to be said?
    How about the truth?

  6. #6
    Pimp Marcus Bryant's Avatar
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    This message is hidden because Nbadan is on your ignore list.

    This message is hidden because Nbadan is on your ignore list.
    Still ing awesome.

  7. #7
    W4A1 143 43CK? Nbadan's Avatar
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    Proves that you don't understand.
    Then explain it to us oh great one. Either or get off the pot.

  8. #8
    SW: Hot As Hell
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    "To-morrow, and to-morrow, and to-morrow,
    Creeps in this petty pace from day to day,
    To the last syllable of recorded time;
    And all our yesterdays have lighted fools
    The way to dusty death. Out, out, brief candle!
    Life's but a walking shadow; a poor player,
    That struts and frets his hour upon the stage,
    And then is heard no more: it is a tale
    Told by an idiot, full of sound and fury,
    Signifying nothing."


    --From Macbeth (V, v, 19)

    William Shakespeare

  9. #9
    W4A1 143 43CK? Nbadan's Avatar
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    I believe this is the same Prince who was blasted by Rudy Guiliani and returned his donation he made to the victims fund of 911 on October 11, 2001 after this Prince made comments about America's Policies causing incidents like 911...

    Flashback to October 12, 2001 - with picture of same prince in his 'Prince' Outfit with Rudy G...

    http://news.bbc.co.uk/1/hi/world/americas/1594483.stm

    Here are some links to Free Republic Threads back from 2001 that you guys might find interesting...

    US government backs Giuliani against Saudi prince
    http://www.freerepublic.com/focus/fr/546546/posts

    Saudi Prince Threatens Payback for Giuliani Snub (posted 10/12/01)
    http://www.freerepublic.com/focus/f-news/546254/posts

    Patriotism Doesn't Equate to Ignorance

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