News Corp Pays Half Billion Dollars to Keep Case Out of Court. Nothing to See Here.

News Corp. has agreed to pay $500 million to settle three lawsuits alleging "anti-competitive behavior" by its News America unit, which publishes coupon inserts and sells in-store ads. A paper not owned by News Corp also notes the following bit of context: "In a separate case that was settled last year, News America was accused by another competitor, Floorgraphics, of corporate spying. Just as witnesses began testifying in a federal case in New Jersey, News Corporation settled the lawsuit and then days later bought the company outright for an undisclosed sum."

The WSJ left that out. Huh.