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| | News Corp. to Buy Chris-Craft |
 | | NEW YORK -- News Corp., which owns the Fox television network, has agreed to acquire Chris-Craft Industries, the television station company, for $3.5 billion, a person close to the discussions said Friday night. |
 | | Some people in the entertainment industry said they felt he was reluctant to let it go because both his sons, Bill and John, work at Chris-Craft. |
 | | Chris-Craft, which is controlled by Herbert Siegel, 72, owns 10 television stations, while the News Corp., controlled by Rupert Murdoch, owns 22 stations. |
| www.themoscowtimes.com /stories/2000/08/15/030-print.html (656 words) |
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