Saudi billionaire acquires 85% of Lebanon's LBCSAT and PAC

[2004]

Saudi billionaire  acquires 85% of Lebanon's LBCSAT and PAC


Beirut - Saudi Arabian billionaire prince Al-Waleed Bin Talal now holds over 85 percent of shares of the Lebanese Broadcasting Corporation satellite television channel (LBCSAT) and the Production and Acquisition Company (PAC), according to An-Nahar daily.

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