News Corp Baltic sales?
July 14, 2008
News Corp. is rumoured to be selling its television companies in Latvia, Serbia and Bulgaria. The company has reportedly hired the US investment company Lehman Brothers to ascertain the value and strategic options for three Eastern European television stations after being approached by multiple suitors.
News Corp. is the owner of the Latvian television channels LNT and TV5. In Bulgaria it owns the television channel "bTv", which is a co-owner of the Serbian television "Fox Televizija".