News Corp. (NWS) has offered $2B to acquire Consolidated Media Holdings, the Australian holding...

|About: News Corporation (NWS)|By:, SA News Editor

News Corp. (NWS) has offered $2B to acquire Consolidated Media Holdings, the Australian holding company invested in subscription TV, the WSJ reports. Details: News Ltd. - an Australian News Corp. unit that owns about 146 newspapers - has made a $3.50/share bid that CMH 50%-shareholder James Packer says is "fair."