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Company Town Annex

October 06, 1998

News Corp. unit Fox Entertainment Group provided its first indication of the size of its initial public offering to investors in a public filing. The offering will include 85 million Class A common shares in the group that produced the film "Titanic" as well as TV shows such as "The Simpsons." It also owns the Los Angeles Dodgers. News Corp., which is controlled by Rupert Murdoch, said in June that it would sell as much as 20% of Fox Entertainment to the public.

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