Australia OKs Foxtel's $2.7B Austar Buy After Concessions
By Stewart Bishop ( April 10, 2012, 2:47 PM EDT) -- Australia's antitrust watchdog on Tuesday greenlighted Foxtel Management Pty Ltd.'s $2.7 billion bid to acquire rival subscription television company Austar United Communications Ltd. after approving a series of proposals from Foxtel that address competition concerns about the deal....
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