Twenty-First Century Fox 2002 Annual Report Download - page 68

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NOTE 10
Subsequent events
In June, 2002, the Company entered into an agreement to acquire the television station WPWR-TV in Chicago from Newsweb
Corporation for US$425 million in cash. The acquisition is subject to customary regulatory approval. The acquisition is expected to
close in the first quarter of fiscal 2003.
In June, 2002, the Company irrevocably called for the redemption of all of the outstanding 9.75% Senior Discount Notes due 2007
and all of the outstanding 8.875% Senior Notes due 2007. The redemption date is 15 August, 2002.
67
Notes to and forming part of the Concise Financial Report (Continued)
FOR THE YEAR ENDED 30 JUNE, 2002
THE NEWS CORPORATION LIMITED
Annual Report 2002