m.lynch buys 58 million shares
- News Corporation's
last day of trading in Australia prompted a last-minute spate of trading, with A$660 million being spent on News Corp shares.
Merrill Lynch placed an order for 58 million News Corp voting shares immediately prior to the close of trade yesterday, prompting speculation on the likely
buyer.
Trading was further spurred by the MSCI and FTSE indices declaring that yesterday would be the final day News Corp would be included in their Asian-based indices. Page 23.
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m.lynch buys 58 million shares - News Corporation's last day of...
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