News Corp. to take charge of up to $1.4 billion for publishing unit
News Corp. said late Friday that it will take a pretax charge of $1.2 billion to $1.4 billion in the current quarter to write down assets related to its publishing unit, as the company prepares to split its business between its newspaper and entertainment operations.
Newstrike Capital Inc. - www.newstrikecapital.com - is pleased to announce a non-brokered private placement of up to 5,000,000 units at a price of $0.40 per unit for cash proceeds of up to $2,000,000.