Media

Setanta buys back NASN stake

Published Thursday, Jun 9 2005, 00:45 BST | By Neil Wilkes
US billionaire Paul Allen has sold his 70% share in the North American Sports Network (NASN), Reuters said today.

Irish broadcaster Setanta picked up the asset from the Microsoft co-founder before selling on a 50% share to venture capital firm Benchmark Capital.

The deal is subject to approval by the Irish Competition Authority.
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