News Corp. (NSWA +0.7%) won't have to dig too hard to find the cash to buy Disney's ESPN Star...

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

News Corp. (NSWA +0.7%) won't have to dig too hard to find the cash to buy Disney's ESPN Star Sports and make sizable buybacks as part of an expanded share repurchase plan with over $10B sitting around in cash. The company grew its stockpile in anticipation that it would need it to gain full control of British Sky Broadcasting - a plan that went awry after the phone hacking scandal broke.