1. Welcome to Baptist Board, a friendly forum to discuss the Baptist Faith in a friendly surrounding.

    Your voice is missing! You will need to register to get access to all the features that our community has to offer.

    We hope to see you as a part of our community soon and God Bless!

Saudis invest in Fox News

Discussion in '2005 Archive' started by Bro. Curtis, Sep 25, 2005.

Top Posters
  1. Bro. Curtis

    Bro. Curtis <img src =/curtis.gif>
    Site Supporter

    Joined:
    Oct 25, 2001
    Messages:
    22,016
    Likes Received:
    487
    Faith:
    Baptist
    Saudi Prince Buys Large Share of Fox News
    16:55 Sep 25, '05 / 21 Elul 5765


    (IsraelNN.com) Saudi Prince Al-Waleed bin Talal has purchased 5.46 percent of the Fox corporation, according to Gulf Daily News, raising concern that the conservative Fox News may soften its anti-terror stance due to the views of the new shareholder.

    Al-Waleed, the nephew of the late Saudi King Fahd, was in the news when he visited the World Trade Center's remains just after the September 11th attacks and offered then-New York City Mayor Rudy Giuliani a $10 million check for relief efforts. Al-Waleed then released a statement blaming US foreign policy and support for Israel for the attacks.

    Giuliani returned the prince's check with a statement that, "There is no moral equivalent for this attack. The people who did it lost any right to ask for justification when they slaughtered . . . innocent people ... Not only are those statements wrong, they're part of the problem."
    LINK
     
    #1 Bro. Curtis, Sep 25, 2005
  2. freedom's cause

    freedom's cause New Member

    Joined:
    Aug 29, 2005
    Messages:
    478
    Likes Received:
    0
    #2 freedom's cause, Sep 25, 2005
  3. KenH

    KenH Well-Known Member

    Joined:
    May 18, 2002
    Messages:
    41,997
    Likes Received:
    1,488
    Faith:
    Baptist
    Was this a private purchase or is this corporation a publicly traded company? If it is publicly traded company then there's not anything that the corporation could do to block the sale via the market.
     
    #3 KenH, Sep 25, 2005
  4. KenH

    KenH Well-Known Member

    Joined:
    May 18, 2002
    Messages:
    41,997
    Likes Received:
    1,488
    Faith:
    Baptist
    They have lots of oil but it will take some time to increase production facilities. They are also going to build refineries to export products.
     
    #4 KenH, Sep 25, 2005
(You must log in or sign up to post here.)
Loading...