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THE NEWS CORPORATION COMPLETES EQUITY AND DEBT OFFERINGS

 THE NEWS CORPORATION COMPLETES EQUITY AND DEBT OFFERINGS
 NEW YORK, Dec. 20 /PRNewswire/ -- The News Corporation Limited (NYSE: NWS) announced today that it has completed its equity and debt offerings pursuant to which it sold 42 million ordinary shares (21 million equivalent U.S. American Depositary Receipts) and US$400 million of 12 percent senior notes due 2001 thereby raising approximately US$800 million. In addition, the company announced that it has sold 2,091,547 shares of stock in Enquirer/Star Group, Inc. (US$34.4 million).
 The News Corporation Limited is a diversified international communications company principally engaged, through subsidiaries, in the publishing of newspapers and magazines, books, filmed entertainment operations and television broadcasting.
 -0- 12/20/91
 /CONTACT: Martha Cid of Howard J. Rubenstein Associates, 212-489-6900, for The News Corporation/
 (NWS) CO: The News Corporation Limited ST: New York IN: PUB SU: OFR


JT -- NY072 -- 4483 12/20/91 15:52 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 20, 1991
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