News Corp wouldn't overpay for Pegasus - executive

Newswire

By Sinead Carew NEW YORK, May 20 (Reuters) - A News Corp. Ltd. executive said on Tuesday the media company, which hopes to take control of satellite broadcaster DirecTV, would only pay a "realistic" sum to settle a dispute between DirecTV and its biggest rural service reseller. Chase Carey, slated to become chief executive of DirecTV owner Hughes Electronics Corp. if the $6.6 billion deal succeeds, made the comment following speculation that media mogul Rupert Murdoch's News Corp. could ...

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