News Corp. plans to raise $1 billion selling bonds amid a buying spree — up from previous plans to raise $750 million. The publisher of the Wall Street Journal and the New York Post, which recently posted its most profitable quarter since 2013, said it will use the proceeds of private placement senior bond offering for “general corporate purposes, which may include acquisitions and working capital.”
April 26, 2024
Editor on Duty: Mark K. Miller
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