21St Century Fox Class A (NASDAQ: FOXA) rated to Neutral with price target $30 by Rosenblatt
Rosenblatt rated 21St Century Fox
Class A (NASDAQ: FOXA) to Neutral with price target $30.
News Corporation is a is a diversified media company with operations in eight industry segments, including Filmed Entertainment, Television, Cable Network Programming, Direct Broadcast Satellite Television, Magazines and Inserts, Newspapers and Information Services, Book Publishing and Other. The activities of News Corporation are conducted principally in the United States, the United Kingdom, Continental Europe, Australia, Asia and Latin America. In October 2008, the Company purchased VeriSign Inc.?s minority share of the Jamba joint venture increasing the Company?s interest to 100%. In February 2009, the Company, two newly incorporated subsidiaries of funds advised by Permira Advisers LLP (the Permira Newcos) and the Company?s then majority owned, publicly held subsidiary, NDS Group plc (NDS), completed a transaction pursuant to which all issued and outstanding NDS were acquired.