Briefly - Los Angeles Times
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Briefly

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From Bloomberg News

General Motors Corp. pension funds will sell 110 million shares of satellite broadcaster DirecTV Group Inc., 40% of its stake, DirecTV said in a filing with the Securities and Exchange Commission on Friday.

El Segundo-based DirecTV, a former GM subsidiary now controlled by Rupert Murdoch’s News Corp., won’t get any proceeds from the sale, the filing said.

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