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Reuters ahead on Packer selling $370 mln Seek stake 08.26.2009 Reuters clients were first to know that James Packer’s Consolidated Media Holdings Ltd was selling its entire 26 percent stake in Seek Ltd in a $370 million deal on Aug 26. Seek shares fell 5 percent while Consolidated Media shares surged 9 percent. Rivals Bloomberg and Dow Jones were unsighted before Consolidated confirmed the sale eight minutes after the Reuters story. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Reuters ahead on Packer selling $370 mln Seek stake

08.26.2009

Reuters clients were first to know that James Packer’s Consolidated Media Holdings Ltd was selling its entire 26 percent stake in Seek Ltd in a $370 million deal on Aug 26. Seek shares fell 5 percent while Consolidated Media shares surged 9 percent. Rivals Bloomberg and Dow Jones were unsighted before Consolidated confirmed the sale eight minutes after the Reuters story.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here