(Reuters) - Liberty quietly snapped up close to a 20 percent voting stake in News Corp. in 2004, a move that spooked Murdoch, who enacted an emergency poison pill to block a feared hostile takeover.
The deal transfers News Corp.'s controlling stake in the top U.S. satellite television provider DirecTV Group Inc. and marks Murdoch's exit from the U.S. satellite market.
Read more at Reuters.com Mergers News
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