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Technology Stocks : C-Cube
CUBE 36.52+0.3%Dec 12 3:59 PM EST

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To: Clarksterh who wrote (34176)7/7/1998 11:41:00 AM
From: Stoctrash   of 50808
 
Trial to block Primestar deal not until Februaru 1999
WASHINGTON, June 30 (Reuters) - A U.S. court on Tuesday set a trial date of February 1, 1999 for the U.S. government's lawsuit to block the $1.1 billion sale of a key satellite television slot by Rupert Murdoch's News Corp. (NCP.AX) and MCI Communications Corp. (MCIC - news) to a group of cable operators.
The Justice Department filed suit May 12 to block the sale of one of only three satellite slots suitable for Direct Broadcast Satellite (DBS) television service to Primestar Inc., which is owned by five of the largest cable operators.

biz.yahoo.com
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