Malone to reduce control of DirecTV to satisfy FCC (AP)

[Mgtrben news]

AP - Media mogul John Malone has agreed to reduce his voting control of satellite TV operator DirecTV Inc. to 3 percent by trading in his super-voting shares for common shares worth some $162 million more.

Source (http://us.rd.**********/dailynews/rss/tech/*http://news.**********/s/ap/20100406/ap_on_bi_ge/us_directv_malone)