SKYPerfecTV issues shares to DirecTV shareholders

By 2000-03-16T03:27:00

The merger of Japanese satellite platforms SKYPerfecTV and DirecTV is proceeding to plan as the directors of Japan Digital Broadcasting Services, which operates SKYPerfecTV, have agreed to issue Y12bn ($113.2m) in new shares to broadcast satellite station WOWOW and seven corporate shareholders of DirecTV Japan.

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