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Prince Alwaleed in further talks with Murdoch
Saudi billionaire met with News Corp boss to discuss Rotana deal and other potential alliances
January 16, 2010 6:05 by kippreport
Saudi billionaire Prince Alwaleed bin Talal held meetings with News Corp boss Rupert Murdoch to discuss investments, according to a statement from the prince’s office quoted by Zawya Dow Jones.
According to the Zawya report, the meetings “touched upon future potential alliance with News Corp”, adding that both Rotana and LBCSAT were discussed. The meetings took place in New York on January 14.
Last month it emerged that News Corp is in talks to buy a 10 percent stake in Rotana Media Services, which is wholly owned by Prince Alwaleed.